Production budget is a term used specifically in
film production
Filmmaking or film production is the process by which a Film, motion picture is produced. Filmmaking involves a number of complex and discrete stages, beginning with an initial story, idea, or commission. Production then continues through screen ...
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 or film production is the process by which a Film, motion picture is produced. Filmmaking involves a number of complex and discrete stages, beginning with an initial story, idea, or commission. Production then continues through screen ...
(
development
Development or developing may refer to:
Arts
*Development (music), the process by which thematic material is reshaped
* Photographic development
*Filmmaking, development phase, including finance and budgeting
* Development hell, when a proje ...
,
pre-production
Pre-production is the process of planning some of the elements involved in a film, television show, play, video game, or other performance, as distinct from production and post-production. Pre-production ends when the planning ends and the co ...
, production,
post-production
Post-production, also known simply as post, 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 indivi ...
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 varia ...
).
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, also known as ''demand planning and sales forecasting'' (DP&SF), involves the prediction of the quantity of goods and services that will be demanded by consumers or business customers at a future point in time. More specifical ...
,
capacity planning 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. Depending on context, the term may also refer to listed company (quarterly) earnings gui ...
more generally.
See also
*
Film budgeting
Film budgeting refers to the process by which a line producer, unit production manager, or production accountant prepares a budget for a film production. This document, which could be over 130 pages long, is used to secure financing for and lead to ...
*
Television crew
Television crew positions are derived from those of film crew, but with several differences.
Pre-production
: Work before shooting begins is called the pre-production stage. The crew in this stage include the casting director, costume de ...
*
Corporate budget
References
Sources
* ''Film Budgeting'' by Ralph S. Singleton (1996)
* ''Film Production Management'' by
Bastian Clevé (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
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