Budgeting

As producer I should have been involved with budgetting and working out the costing. For the first film we subsidised the actress for her travel as she was a friend of Tom's, and on the second we each paid for our train fare to get to the location. There wasn't much to consider and pay for, however in industry this would be taken far more seriously and a whole plan would be set out.

The budget is basically outlining how much the film is actually going to cost. There usually is a budget in pre-production, production and post-production. It's a complicated yet thorough plan, making sure everything is covered from payment of the production crew to insurance and any over-run costs.

The image below is an example of a budget top sheet. The top sheet gives a summary of the overall budget, from this it will then break down the cost for each department and give a total. When it comes to creating future films and if I am involved with the producer role again, I may draw up a budget sheet if there are substantial costs involved.