2.4.1 Identify financial resources
Identify the different options for getting financial resources. In case you require a high budget, you can prepare a strategy for receiving resources from other sources.
2.4.2 Estimate direct costs
List all the direct cost related to the event. Please see some examples for different types of events in the table below.
2.4.3 Estimate indirect costs
Estimate the indirect cost of the NMI (electricity, cleaning, parking, etc).
In some cases, there is a standard fee (e.g. 5%)
2.4.4 Estimate final cost
- Sum direct and indirect costs.
- Multiply by the profit factor allowed in the NMI (if so).