Completely new to Event Studio - a few questions!

[cws196]

We have many reports that run on a schedule, and we need a fast way of seeing if/when reports fail.  Reading about, Event Studio seems to be the means to do this?

I've never used Event Studio before, but have found what seems a very good guide to setting up a new Event.  However (and please excuse my ignorance), as far as I understand, if you're creating an Event, you need a package to link to?

We don't have any such packages in existence (nobody uses Event Studio at our company).  I assume the package/model needs to be built (using Framework Manager) over tables that contain run data etc?  Do these exist anywhere in Cognos 8 by default, or will they need to be created?

Thanks