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Re: Your Guess for Project Cost?

Posted by Steve King on 10/06/05 11:28

"P.C. Ford" <meoh@mouse-potato.com> wrote in message
news:6tk8k1diof77d98g1utt4op4p3nlsftiib@4ax.com...
> On Wed, 5 Oct 2005 15:14:43 -0500, "Steve King"
> <steveSPAMBLOCK@stevekingSPAMBLOCK.net> wrote:
>
>>"P.C. Ford" <meoh@mouse-potato.com> wrote in message
>>news:2h88k1dbni9dt7thgqfv07bqkp1f2jhphi@4ax.com...
>>> On Wed, 05 Oct 2005 11:37:44 -0700, P.C. Ford <meoh@mouse-potato.com>
>>> wrote:
>>>>We did a 10 minute
>>>>video (was supposed to be 5-7 minutes) for well under 5 figures.
>>>
>>> Should have said well under _4_ figures. Can't count this morning.
>>>
>>> Oh, should have added, there was happiness all 'round with the
>>> project.
>>>
>>> thanks!
>>>
>>
>>You need a video budget form. Otherwise you will forget to charge for a
>>lot
>>of materials, services, and time. Here are a couple to look at:
>>
>>http://www.jimzura.com/OtherBudgetSample3.htm
>>
>>http://raven.ubalt.edu/departments/corpcom/courses/simon/projmgmtII/forms/videoBudget.pdf
>>
>>And, neither of these is as comprehensive as the one I use.
>>
>>Selling that 10 minute video for less than a $100 per minute sure left you
>>in bind as far as charging anything like a fair price.
>>
>
> thanks, good, useable info on both urls.

What a relief!! That you didn't bill the $1K that I thought you meant. You
may find an even better budget form. I use a budget form to help me think
through a project in the proposal preparation stage. Then I go back to it
frequently as the project becomes better defined. It is still a good tool
to make sure I am taking into consideration all of the ways the project will
be affected in pre-production, production, and post. It is too easy to
forget stuff and incur costs of time, goods, and services that nickle and
dime your reasonable and legitimate profits away.

Steve King

 

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