CERTIFIED MEETING CMP EOC EXAM TEST QUESTIONS
AND ANSWERS MARKED A+
✔✔What is a PSR and what should it include? - ✔✔Project status report and it should
include regular updates on event progress including reg numbers, confirmed exhibitors,
sponsors, and financials. This will be how the event planner executes the critical path.
✔✔What is scope creep? - ✔✔Changes that alter the critical path and expand the
project's scope are called scope creep. Potential impacts to the event budget, schedule,
or resources must be determined.
✔✔What is the best way to minimize delays and risks as they relate to the project
schedule and critical path? - ✔✔Have weekly meetings and use the project status
reports to help keep on track.
✔✔What is force majeure (termination of performance)? - ✔✔Circumstance in which a
contract obligation is excused due to a factor not within the control of either party.
✔✔What should an ESG include - ✔✔Event specifications guide is sent to the venue.
✔✔How is the banquet event order different from the ESG? - ✔✔Banquet event orders
are produced by the convention services team from the event specifications guide
approximately 30 days out before the event date. (We call them MEOs)
✔✔What is an attrition clause? - ✔✔Many contracts have attrition clauses to address
when a contract is fulfilled but one party does not fulfill all its obligations, such as a
failure to fill a room block or F&B volume. If included it allows some slippage 10-20%
from the commitment.
✔✔What is an indemnification clause? - ✔✔Many contracts specify who is liable for any
injuries that may occur under the contract and set a limit on the amount of liability.
✔✔What is a rider? - ✔✔
✔✔What are the four stages of risk management? - ✔✔Risk assessment, risk analysis,
crisis planning, and crisis response.
✔✔Name three aspects of characteristics of a meeting that may create risk or
vulnerability? - ✔✔Destination, venue, attendees, program, and other.
✔✔ID three types of insurance that an event professional might need for a 1k person
conference and exhibition. - ✔✔Commercial general liability, umbrella policies, fire
liability, medical liability, independent contractor liability, products liability/host and
alcohol liability,
, ✔✔What are the six types of security that may be used at a meeting or event? -
✔✔Contracted (uniform or non-uniform security personnel), law enforcement (on or off
duty police), peer (trained security personnel that may look like the attendees), personal
(bodyguards), proprietary (hired by the venue, company, defined scope), volunteer
(unpaid).
✔✔What is a hosted buyer? - ✔✔
✔✔What is an ASP? - ✔✔Application service provider
✔✔What is a hosted buyer? - ✔✔
✔✔What is subvention? - ✔✔
✔✔What are the different types of event sponsorship? - ✔✔Title sponsor, tied model,
credit model, in-kind sponsor, and partner.
✔✔What should you keep in mind when developing your event registration process? -
✔✔
✔✔What is including in an exhibitor prospectus? - ✔✔
✔✔What are sources of misc funding for an event? - ✔✔
✔✔What is incremental budgeting? - ✔✔
✔✔What is zero based budgeting? - ✔✔
✔✔What are fixed costs? - ✔✔
✔✔What are variable costs? - ✔✔
✔✔What are indirect costs? - ✔✔
✔✔What is the VAT - ✔✔Value added tax
✔✔How can you avoid the seven common mistakes of budget planning? - ✔✔
✔✔How do you figure out if an event will break even, make a profit, or sustain a loss? -
✔✔
✔✔How do you monitor budget performance? - ✔✔
AND ANSWERS MARKED A+
✔✔What is a PSR and what should it include? - ✔✔Project status report and it should
include regular updates on event progress including reg numbers, confirmed exhibitors,
sponsors, and financials. This will be how the event planner executes the critical path.
✔✔What is scope creep? - ✔✔Changes that alter the critical path and expand the
project's scope are called scope creep. Potential impacts to the event budget, schedule,
or resources must be determined.
✔✔What is the best way to minimize delays and risks as they relate to the project
schedule and critical path? - ✔✔Have weekly meetings and use the project status
reports to help keep on track.
✔✔What is force majeure (termination of performance)? - ✔✔Circumstance in which a
contract obligation is excused due to a factor not within the control of either party.
✔✔What should an ESG include - ✔✔Event specifications guide is sent to the venue.
✔✔How is the banquet event order different from the ESG? - ✔✔Banquet event orders
are produced by the convention services team from the event specifications guide
approximately 30 days out before the event date. (We call them MEOs)
✔✔What is an attrition clause? - ✔✔Many contracts have attrition clauses to address
when a contract is fulfilled but one party does not fulfill all its obligations, such as a
failure to fill a room block or F&B volume. If included it allows some slippage 10-20%
from the commitment.
✔✔What is an indemnification clause? - ✔✔Many contracts specify who is liable for any
injuries that may occur under the contract and set a limit on the amount of liability.
✔✔What is a rider? - ✔✔
✔✔What are the four stages of risk management? - ✔✔Risk assessment, risk analysis,
crisis planning, and crisis response.
✔✔Name three aspects of characteristics of a meeting that may create risk or
vulnerability? - ✔✔Destination, venue, attendees, program, and other.
✔✔ID three types of insurance that an event professional might need for a 1k person
conference and exhibition. - ✔✔Commercial general liability, umbrella policies, fire
liability, medical liability, independent contractor liability, products liability/host and
alcohol liability,
, ✔✔What are the six types of security that may be used at a meeting or event? -
✔✔Contracted (uniform or non-uniform security personnel), law enforcement (on or off
duty police), peer (trained security personnel that may look like the attendees), personal
(bodyguards), proprietary (hired by the venue, company, defined scope), volunteer
(unpaid).
✔✔What is a hosted buyer? - ✔✔
✔✔What is an ASP? - ✔✔Application service provider
✔✔What is a hosted buyer? - ✔✔
✔✔What is subvention? - ✔✔
✔✔What are the different types of event sponsorship? - ✔✔Title sponsor, tied model,
credit model, in-kind sponsor, and partner.
✔✔What should you keep in mind when developing your event registration process? -
✔✔
✔✔What is including in an exhibitor prospectus? - ✔✔
✔✔What are sources of misc funding for an event? - ✔✔
✔✔What is incremental budgeting? - ✔✔
✔✔What is zero based budgeting? - ✔✔
✔✔What are fixed costs? - ✔✔
✔✔What are variable costs? - ✔✔
✔✔What are indirect costs? - ✔✔
✔✔What is the VAT - ✔✔Value added tax
✔✔How can you avoid the seven common mistakes of budget planning? - ✔✔
✔✔How do you figure out if an event will break even, make a profit, or sustain a loss? -
✔✔
✔✔How do you monitor budget performance? - ✔✔
