How To Save Money on Editing. Budgets Explained.
These are the 3 key factors that you need to understand when managing post-production budgets. Discover how the Scope of your project, including the range of services like editing, visual effects, motion graphics, color grading, and audio mixing, can impact your costs and completion times. We explore the importance of Style, from narrative types like scripted voiceovers to unscripted interviews, and how visual styles can affect both budget and time. Finally, we cover Turnaround factors such as advance notice, requested speed, and meeting benchmarks to ensure your video projects stay on track.
By understanding these variables, agencies can effectively plan their post-production processes, maximize efficiency, and set realistic budgets to avoid unexpected costs. Master these insights to make informed decisions about your next video project. Whether you're working with extensive raw footage or need a quick turnaround, this guide helps you navigate the complexities of post-production budgeting and timelines.
0:00 Intro
0:33 Factor 1 Scope
0:46 Range of Services
1:20 Asset Sourcing
1:54 Template vs. Custom Graphics
2:37 Revision Rounds
3:34 Deliverables
4:03 Factor 2 Style
4:23 Level of Guidance
5:14 Narrative Type
6:30 Visual Style
7:13 Total Amount of Raw Footage
8:18 Runtime Length
8:42 Factor 3 Turnaround
9:14 Advanced Notice
9:43 Requested Speed
10:38 Benchmarks
11:13 Expectation Shifts
11:50 Best Way To Have Clear Communication
Got any more tips on what should be taken into account when setting up a budget? Drop them in the comments below and share this video with a fellow videographer or editor!
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