The sight of it all can be daunting for anyone, especially first time nominees. Some of the people who have been through it before passed along a few words of Oscar wisdom.
"Just try to take in the moments and enjoy them as much as you can," said Forest Whitaker, who won the Best Actor Academy Award in 2007. "Allow yourself to accept being celebrated in some way and to not look to the result, but to the moment."
"We should all enjoy the moment, we're all getting a pat on the back. The only thing wrong with it is there's a winner. That makes four others losers. I don't think that's very nice," said Morgan Freeman, who took home the Oscar for best supporting actor in 2005 for "Million Dollar Baby." He is also up for best actor this year for his performance in "Invictus."
There will be one area of solace for the nervous nominees, The Oscar green room. Once again it's sponsored by Architectural Digest, and will offer a bit of calm in the midst of the madness.
"These guests need to feel warm and comfortable and received, but they also need to feel like they are in a very glamorous space. They need to look good, so lighting is crucial," said green room designer Roger Thomas.
Thomas says it's a place for stars to relax, mingle and network.
"I think they're going to see some really meaningful conversations that will result in the next group of spectacular films and performances, great art direction and great cinematography that will distinguish next year's Academy Awards," said Thomas "I'm hoping for a couple of great deals being made in this room on that very night."