In this video, Walter begins the actual budgeting process creating a first-pass budget using a production plan from a real script-to-screen original project he produced. You'll learn how all of the information gathered in the prebudget planning and assessments is brought together in the budget with Showbiz.
- [Instructor] Now, it's time to put together…all of our data we've collected,…together with the cost to create the budget.…This is what I call the first pass budget,…whereby I run everything as I have it planned,…with no consideration for cost savings.…We'll talk about that later.…Before we start, if you plan to follow along…and run the budget yourself, either with Showbiz…or the other provided templates,…I would suggest using your own rates,…to see how this budget would come out with your numbers.…
All of the personnel, equipment, and time calculations…I'm going to use, comes directly from…the Water Science with Wade Production Plan.…Be sure to have that as a reference…as we move along this chapter.…The first thing in Showbiz budgeting is this titles tab.…I always have my contact over here on the left…along with the client name and contact info on the right.…You'll see the basics of the project along the lower right,…so we have Water Science with Wade,…three episodes, 15 minutes, and here's what our payment is.…
- 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
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