Production budget is a term used specifically in
film production 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, cast ...
(
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 start ...
, production,
post-production and
distribution).
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,
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.
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 desig ...
*
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
{{film-term-stub