The budget you prepare for yourself should be fully itemized with every line item accounted for. But as Walter shows in the video, knowing how much of that detail to present to the client is important. Too much information can lead to client frustration, which could mean the difference between landing the job or not.
- When you prepare a budget,…you need to line item everything…to account for all money spent,…but knowing how much of that detail…to present to the client…without overwhelming them is important.…The budget you create should be incredibly detailed.…Every person, every piece of equipment,…every meal, every thing about that project…should have its own line item…so you can clearly see where your money…is going to be spent.…You need to have that amount of detail…to ensure you've accounted for everything in the project.…
What you don't want is to present…an overly-detailed budget to your client…that confuses them.…So what should be included?…You may think it's impressive to show your client…how much work you've put into your budget…by showing them every line item.…However, if the client doesn't understand what a slider is,…or a stabilizer, or maybe an OLED viewfinder,…or a soft light, they could just be confused.…And worse, they start questioning you.…Why am I paying for all of these things?…Can't you do the project without this soft light…
- Completing a client assessment
- Discerning between client needs versus wants
- Developing a working concept
- Creating time and crew assessments
- Coming up with the budget
- Presenting the proposal
- Revising the budget
- Knowing when to walk away
Skill Level Intermediate
Video Foundations: Cameras and Shootingwith Anthony Q. Artis2h 58m Intermediate
Script Writing for Nonfiction Videowith Amy DeLouise1h 46m Intermediate
1. Client Assessment
Client need vs. want1m 55s
2. Concept Development
3. Prebudget Production Planning
4. Putting the Budget Together
5. Presenting Your Budget and Proposal
6. Revising the Budget
Next steps1m 7s
- Mark as unwatched
- Mark all as unwatched
Are you sure you want to mark all the videos in this course as unwatched?
This will not affect your course history, your reports, or your certificates of completion for this course.Cancel
Take notes with your new membership!
Type in the entry box, then click Enter to save your note.
1:30Press on any video thumbnail to jump immediately to the timecode shown.
Notes are saved with you account but can also be exported as plain text, MS Word, PDF, Google Doc, or Evernote.