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.
- [Narrator] Our next budget category is…Film Stock Develop and Print.…I used to put the camera cards and the hard drives…in here, but now I just prefer to put them…in the appropriate detail areas of the equipment…like we just did in the previous movie.…Next we have Miscellaneous.…Obviously a great area just to throw in anything…that by chance doesn't have a specific budget category.…For the purposes of this project, I actually don't need…this category but you can see things like petty cash are…in here, which can be helpful in some budget.…
Next, Director and Creative Fees.…I only use this with large projects,…say that have multiple production sequences…like a full season of a television series,…but for most of my projects like Water Science…with Wade, I don't have a need for this category.…Now we get to Talent, and this is where our…on camera talent will be accounted for.…We have a great working relationship with a talent agency…and they quoted us $650 a day for the actor…and that includes the rehearsal day.…
- 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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