Production budget is a term used specifically in

film production Filmmaking (film production) is the process by which a motion picture is produced. Filmmaking involves a number of complex and discrete stages, starting with an initial story, idea, or commission. It then continues through screenwriting, casti ...

and, more generally, in business. A "film production budget" determines how much will be spent on the entire film project. This involves identifying the elements and then estimating their cost, for each phase of

filmmaking Filmmaking (film production) is the process by which a motion picture is produced. Filmmaking involves a number of complex and discrete stages, starting with an initial story, idea, or commission. It then continues through screenwriting, casti ...

(

development Development or developing may refer to: Arts *Development hell, when a project is stuck in development *Filmmaking, development phase, including finance and budgeting *Development (music), the process thematic material is reshaped * Photograph ...

pre-production Pre-production is the process of planning some of the elements involved in a film, television show, play, or other performance, as distinct from production and post-production. Pre-production ends when the planning ends and the content starts ...

, production,

post-production Post-production is part of the process of filmmaking, video production, audio production, and photography. Post-production includes all stages of production occurring after principal photography or recording individual program segments. The ...

and

distribution Distribution may refer to: Mathematics *Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations * Probability distribution, the probability of a particular value or value range of a vari ...

). The budget structure normally separates " above-the-line" (creative) and " below-the-line" (technical) costs. In business, "production budget" refers to the budget set by a corporation for the number of units of a product that will be required and produced; (archived) see

demand forecasting Demand forecasting is known as the process of making future estimations in relation to customer demand over a specific period. Generally, demand forecasting will consider historical data and other analytical information to produce the most accurat ...

capacity planning Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products. In the context of capacity planning, design capacity is the maximum amount of work that an organization ...

and ; and

financial forecast A financial forecast is an estimate of future financial outcomes for a company or project, usually applied in budgeting, capital budgeting and / or valuation; see . Depending on context the term may also refer to listed company (quarterly) ea ...

more generally.

References

Sources

* ''Film Budgeting'' by Ralph S. Singleton (1996) * ''Film Production Management'' by

Bastian Clevé Bastian Clevé (born 1 January 1950, in Munich), is a German filmmaker and producer. He is Professor and Head of the Film Production-Department at the Film Academy Baden-Wuerttemberg in Ludwigsburg, Germany. Biography Clevé grew up in Hamburg. ...

(2nd ed, 2000) * ''The Complete Film Production Handbook'' (3rd ed, 2001) * ''The On Production Budget Book'' by Robert J. Koster (1997) * ''Production Management for TV and Film. The Professional's Guide'' by Linda Stradling 2010 (Methuen) Film and video terminology Television terminology Budgets Management accounting {{film-term-stub

See also

References

Sources