budget video notes

All films have a budget to track spending.  

One purpose of having a budget is to prevent overspending, some people don't have a lot of money so they need to be able to stick to the budget and work there way around it if they can't .
 The Production Accountant will be working with you throughout production, predicting costs and tracking them. As you’re tracking costs, hold the crew accountable and ensure their department heads understand their budgets. The director, producer, and assistant director also need to help enforce the budget. 

Although some people need to know the entire budget, such as the producer, financiers, and production manager. Department heads need to know the budgets for their individual departments, but not for the entire production. You will also you might find that the cost report stops reflecting the budget as production moves forward. Keeping the budget confidential helps prevent promises that can’t be kept .

As you start writing budgets, you may have producers asking you to write them for free. If you have the time, doing so will be good practice and puts more budgets on your resume as references for later.