![]() Obviously, one 5 minute delay should not make or break your production, but keep adding these up and you can easily see how the cost of being stuck in traffic, people showing up late or other filming delays can derail an entire production shoot. That means, if someone or something takes just 5 minutes longer to do than originally estimated, you've just wasted $35. That comes to $3,333 per day, $416 per hour (assuming 8 hour days) or $7 per minute. Your budget shows $100K in total Production Costs over a 30 day Shooting Schedule. Once you budget, add up your total production costs divided by the time unit to get your burn rate. The burn rate is the amount your film costs per hour (or other time unit) while filming. ![]() Most film budgets break their line items down to prep, shoot and wrap to cover pre to post production resources. Did you also account for rehearsal time space? Transportation and meals for rehearsals? The cost of rehearsal, without location fees, cameras, lighting and sound is FAR less than production time, so allocate accordingly and work out your kinks prior to production. Let's say you know a supporting actor is required for five shooting days at the rate of $100 per day. One of the most under-budgeted areas for first-time film producers is rehearsal and prep costs. Film Production Budget Sample Template 1.
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