1. STRATEGIC MEETINGS MANAGEMENT PROGRAMS & TYPICAL COST SAVINGS A SMMP, is commonly referred to as ‘Meetings Consolidation’. It is a series of best practices designed for organizations seeking to not only understand what they spend on meetings, events and incentives, but ensuring they are getting the best return from those expenditures. ASSUMPTION : Total Client air volume is $1M. General rule is 25% can be channeled into a well-managed meetings program.