Budgeting Video Projects

Explore the world of budgeting as this course lays out the nuts and bolts of budgets and proposals for video projects.

Introduction

• Welcome and what you will learn in this course
• Using the exercise files

1. Services Offered

• Determining your capabilities
• Identifying competitive advantages
• Outsourcing and partnering

2. Setting Your Rates

• Determining rates for services
• Exploring material costs and overhead
• Using a rate sheet
• Remaining competitive

3. Scoping the Project

• Exploring the triple constraint
• Determining scope

4. Creating a Budget

• What does a budget look like?
• Estimating time
• Understanding the work breakdown structure
• Using peer and external reviews
• Delivering the budget to the client

5. Building a Sample Budget

• The sample project
• Estimating pre-production
• Estimating production
• Estimating post-production
• Finishing the budget

6. Creating a Quote or Proposal

• Getting started
• Refining the message
• Using fixed-price contracts
• Finishing the proposal

7. Payment Terms

• Setting payment terms
• Exploring time-based methods
• Exploring performance-based methods
• Setting penalties for late bills

8. Creating an Invoice

• Understanding what goes on an invoice
• Creating an invoice with Microsoft Word
• Creating an invoice with Apple Numbers
• Creating an Invoice with online accounting software

9. Billing Strategies

• Delivering a bill
• Dealing with collections

Conclusion

• Final thoughts