Documentary - Rosenthal, Chap 9 Budget & Contract, “A (Revised!) Introduction to Documentary Budgeting”
Yikes! So much information that my creative brain is hurting. Even though most of this is boring and business-y, it is super important to know. One of the things that got my attention was the “Triangle of Quality”: “Fast, cheap or good—pick two!” It’s so simple, but it makes total sense. I also liked that both readings suggested making an ideal budget, or a high scenario, that includes “full professional rates and will be the budget that you’ll submit to potential funders,” then two other budgets, mid and low scenarios for yourself, each with increasing compromises and sacrifices and thus, decreasing grand totals. I also appreciated the detailed line items in each reading, which makes the whole process more do-able. Very insightful readings, however, two things I want to find out more about are how to efficiently include “assumptions” and “profit margins” both as a student (lol-that’d be nice) and as a professional filmmaker.
I'm curious Kim, what did the book say about "Fast, cheap, or good?" I have a doc in post and I'd love to know how that applies to us!!
ReplyDeleteI agree with Chenita. The "Fast, cheap, or good" model may be applicable to Budgeting a narrative as well.
ReplyDeleteKim, I love that you straight up said the information is boring. It does feel like the slog through. (Sorry, Shannon!) It seems your reading said something similar about budgeting as it did in our reading: Make the ideal budget and then make the realistic budget. It seems both texts are encouraging us to use the resources at hand without going overboard but without cutting too much to the quick. Tricky, tricky.--Carrah
ReplyDeleteHey Kim, I never knew "fast, cheap, or good" had a name. I use the Triangle of Quality all the time when it comes to restaurants
ReplyDeleteKim, I uploaded an Assumptions Form to our Week 7 Module. Give it a look. It's really just a matter of listing out items that will impact your assumed budget. If you want more readings on it let me know!
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