What is the term for calculating the financial resources needed for a production?

Budgeting refers to the process of calculating and outlining the financial resources necessary for a production. This involves determining costs associated with various aspects of the project, such as cast and crew salaries, equipment rentals, location fees, and post-production expenses. A well-prepared budget serves as a financial roadmap for the project, allowing producers to allocate resources efficiently and ensure that the production stays on track financially.

In contrast, funding pertains to acquiring the necessary capital or financial support to cover the budget, while accounting involves tracking financial transactions and managing financial records once the production is underway. Forecasting is used to predict future financial outcomes based on various assumptions and data analysis, but it does not specifically focus on the detailed calculations and planning of financial resources for a production.