Title: Planned Special Events: Cost Management and Cost Recovery Primer
Abstract: This purpose of this primer is to aid jurisdictions and agencies, especially Departments of Transportation, with identifying and managing the costs of planned special events (PSEs) and forming policy for cost recovery. Cost management—the effective, overarching control of an organization’s finances—is a part of general management and creates accountability and transparency within the budget. Currently, in most cities the management of planned special events is fragmented across multiple agencies, and the costs and benefits of such events are not usually quantified or reported in any manner. The strategies and examples provided herein are meant to inform the reader on the basics of cost management and cost recovery, thereby facilitating more knowledgeable decision-making and encouraging further discussion among jurisdictions, agencies, and departments.
Publication Year: 2009
Publication Date: 2009-04-01
Language: en
Type: article
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Cited By Count: 3
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