3. How do you think events management can recover from covid-19 crisis considering the theories we apply in project management? Question 330 ptsPart III Project managementEvent management is defined as a well-planned and organized occasion with the view of meeting or achieving specific objectives for the benefit of person, group of people or anorganization. The professionals in this business are known as Event planners. An event can be a Celebration (festivals, weddings, birthdays, and anniversaries), Education (conferences,graduations), Promotions (product launches, fashion shows, and conventions) or Commemorations (memorials, civic events). COVID-19 has irrupted the global markets and variousindustries drastically, though innovative minds and leaders of respective fields are struggling and bringing new ways to survive in this condition. But, still the Tourism and hospitality industriesare still suffering the most. The threat of disease has homed in the minds of the people and the policies of travel, entertain and organize events by certain countries are leading a major setback andan edge to recession for such and interlinked industries. In the recent studies around the globe, it has reported that maximum loss of about more than $666 million till April is noted in eventindustry, due to cancellation of events worldwide and have 85.9 million jobs at stake. The businesses are suffering for huge capital shortage to sustain in long run through the use of technologyand measures like live chat, webinars, online discussion shows, podcasts etc. are being used by companies to continue their services but they cannot replace the revenue from big fat events orevents at large scale in terms of money and people inducement. The daily wage workers associated with the industry, the small and medium event companies who do not have the platform orthe target customers to provide such services are suffering more harshness of this pandemic1. Identify three negative impacts of pandemic in the production of events and explain each challenges.2. What do you think are the challenges on turning projects into virtual? Cite three challenges.3. How do you think events management can recover from the COVID19 crisis considering the theories we apply in project management?

Name: 3. How do you think events management can recover from covid-19 crisis
Uploaded: 2024-03-20T06:57:05.000Z
Channel: Bartleby
Description: 3. How do you think events management can recover from covid-19 crisis considering the theories we apply in project management? Question 330 ptsPart III Project managementEvent management is defined as a well-planned and organized occasion with the v