There is a lot of work that goes into the success of a corporate video production project. The thing is, plenty of people don’t see these factors and only see the glamorous side of it. However, in order to get the dazzling parts on screen, there is a lot of planning that needs to be carried out.
One of the most important things that need to be addressed is the budget of the production project. This is important because you cannot begin planning out your production without a budget plan in mind.
If you’re having difficulty figuring out how to budget for your corporate video production budget, why not go by your script? Read on to find out how you can plan a production budget based on your video script.
Break up the filming according to script pages
The reason why using your video script as a point of reference for your video budget is such a good idea is that it can help you form a general idea of what needs to be prioritized when it comes to your budgeting.
After all, the larger your budget is, the more you can hope to spend on each page and scene. Smaller productions need to get as many scenes done in a day. When you’re looking at your script to determine your budget, always remember to prioritize difficult or important scenes for your budget plan.
Determine the budget for actors
Planning a budget for an actor in your video does not mean hiring the most expensive talent that is available. It means figuring out how much time your actors are going to be needed on-set. The more scenes they have, the more you’re going to have to allocate for them, so keep that in mind when you’re looking through your script.
Crew budget
Like cast budgets, the budget for your crew is determined according to how long you need their time, which is usually the duration of the project as a whole. Looking through your corporate video script, you should be able to figure out how long the entire thing is going to take and form an estimate of how much you should be spending in terms of crew salaries and production budget.
Remember that this particular budget plan also includes things like catering and accommodations if you’re going to be traveling for the project, so make sure that you take this into consideration for your budget plan.
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