studio 1151 |
press releases |
guidebook |
preliminary budget |
the Studio requires a preliminary as well as a final budget. The purpose of the preliminary budget is to provide you and the Studio with an estimate of the total time and money you expect to invest in this project. You will submit a final budget of actual time and costs at the completion of the project. (By the way, the Studio loves to see a final budget that is smaller than the preliminary budget!)
The individual budget items can be either activity items or individual person items. If you choose to use activity items, then costs will have to be calculated based on each individual contributor's hourly rate and the number of hours he/she spent on the activity. The total hours and costs for all contributors' time is then entered into the budget. Individual person items will be calculated on a per hour basis. The important thing here, of course, is that you carefully define when each crew member's hours are considered part of an activity and when they are part of an individual person item. The final budget should represent the same distinction and account for all hours spent by the production team so that you and the Studio have an exact accounting of the time and money invested in this project.
As an example, here is part of the preliminary budget for producing "Understanding Your Automobile".
.............................................................................................
| Title: | "Understanding Your Automobile" | Date: | 2/2/96 |
| Producer: | Jane Crankshaft | Type: | Preliminary |
| Qty | Hrs | Unit | Total Cost | |
Concept/Scriptwriting: | ||||
| Producer | 1 | 80 | 65 | 5,200 |
| RFP | -- | 10 | -- | 1,740 |
| Content Writing | -- | 15 | -- | 900 |
Production: | ||||
| Director | 1 | 65 | 65 | 4,225 |
| Accountant | 1 | 8 | 20 | 160 |
| Artist | 2 | 50 | 30 | 1,500 |
| Narrator | 1 | 4 | 10 | 40 |
Administrative/Miscellaneous: | ||||
| Equipment Rental | -- | 30 | -- | 430 |
| Consulting Fees | 3 | 12 | 40 | 480 |
| Total... | $14,675 | |||
tudio 1151 Guidebook by Karen McNally and Alan Levine
Maricopa Community Colleges
The Internet Connection at MCLI is
Alan Levine --}
Comments to alan.levine@domail.maricopa.edu
URL: http://www.mcli.dist.maricopa.edu/authoring/studio/
guidebook/budget_pre.html