What does outsourcing event management cost?

Q: What does outsourcing event management cost?

The costs for event management average 15 to 25 per cent of the total event budget. For an event of €25,000 you therefore pay €3,750 to €6,250 in management costs. Some agencies work with a fixed project fee. Always calculate the total costs. Internal work costs money too: staff hours, the cost of mistakes and time not spent on the core business. Outsourcing is more often cheaper than it appears at first glance.

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Accepted Answer

The costs for event management average 15-25% of your total event budget. The exact costs depend on the scope, complexity and the cost model (hourly rate, project fee or percentage). A good agency often saves you more than it costs through better deals and a more efficient organisation.

Read more about outsourcing event management and events agency costs.