* Production Budget Management

SkillsFuture Funding Valid Till 30 June 2025
SSG Course Reference Nos.:
TGS-2022016113 Production Budget Management
TGS-2024041783 Production Budget Management (Classroom and Synchronous E-Learning)

OVERVIEW

This course will cover the overall production processes and schedules, and the typical value of all budget elements, including capital expenditures, cost of Intellectual Property (IP), technology, and other factors. Participants will learn about the key components of profit and loss accounts and balance sheets. Participants will be trained to plan and control the budget of a production based on the relevant accounting principles. The trainer will also touch on the typical areas of delays, overruns and production risks, forecasting models for cost and revenue streams, and budget management and tracking mechanisms.

LEARNING OUTCOMES

  • Review the production schedule and sequence of activities in terms of their cost implications and expenses for each item

  • Determine the impact of various production styles and methods on budgets, schedule, cast and crew requirements

  • Outline the project details, which may include locations, cast and crew, creative and production teams, and additional costs

  • Identify reasons for budgetary overruns and escalate issues to key departments in a coordinated and timely manner

  • Propose options for managing future overruns

WHO SHOULD ATTEND

Assistant Director, Production Manager, Production Assistant

MODE OF TRAINING

In-Person and/or Online

DURATION

33 Hours

DATE

Commencement Date: 6 January 2025

For the course schedule, please email marketing@MediaAcademy.sg

Note:

  • This course will conclude with a compulsory assessment. Participants have to achieve at least 75% attendance to be eligible for the assessment.

  • For online classes, participants are required to attend lessons via a personal computer (laptop, desktop, or tablet with a front-facing camera) to optimise the learning experience and for the purpose of taking attendance. Parts of the training will include activities that may require the use of mobile phones, such as capturing photos and videos while attending classes online.

VENUE

  • In-Person Classes: 1 Stars Avenue, Mediacorp Campus, Singapore 138507

  • Online Classes: Participants will be provided with the log-in links

FEES (INCLUSIVE OF 9% GST)

Application Fee: S$54.00 -Waived-

Full Course Fee, including 9% GST: S$3,161.00

Course Fee with SkillsFuture Funding+:

SkillsFuture Funding (Baseline) for Singapore Citizens, Permanent Residents and Long-Term Visit Pass Plus (LTVP+) Holders

Full Course Fee: S$2,900.00
SkillsFuture Funding (Baseline): S$2,030.00
Nett Course Fee: S$870.00
9% GST*: S$78.30
Nett Course Fee, including GST: S$948.30

SkillsFuture Mid-Career Enhanced Subsidy for Singapore Citizens aged 40 years old and Above

Full Course Fee: S$2,900.00
SkillsFuture Mid-Career Enhanced Subsidy: S$2,610.00
Nett Course Fee: S$290.00
9% GST*: S$78.30
Nett Course Fee, including GST: S$368.30

SkillsFuture Enhanced Training Support for SMEs for Small and Medium-Sized Enterprises

Full Course Fee: S$2,900.00
SkillsFuture Enhanced Training Support for SMEs: S$2,610.00
Nett Course Fee: S$290.00
9% GST*: S$78.30
Nett Course Fee, including GST: S$368.30

*As per SSG Policy, GST payable is calculated based on prevailing GST Rates after the baseline funding subsidy of 70%.

+Funding Eligibility:

  • Singapore Citizens, Permanent Residents, Long Term Visit Pass Plus Holders

  • Attain at least 75% attendance

  • Successful completion of assessment

More Information: https://pd.mediaacademy.sg/funding-information

SkillsFuture Credit (Mid-Career) and SkillsFuture Credit (Mid-Career) – Starts from 1 May 2024:

This course is eligible for SkillsFuture Credit (Mid-Career) only if you sign up for the SkillsFuture Career Transition Programme.

If you are applying only for this module, you can still use your Opening SkillsFuture Credit and One-Off SkillsFuture Credit Top Up to offset the course fee.

For Details on the Types of Eligible for Use of SkillsFuture Credit (Mid-Career) and SkillsFuture Credit (Mid-Career) – Starts from 1 may 2024, please see: https://www.skillsfuture.gov.sg/initiatives/early-career/credit

MINIMUM ENTRY REQUIREMENTS

  • Minimum Age: 18

  • Academic Requirement: Obtain Pass Grade in GCE N-Level subjects including English (or IELTS overall band score 5 and above or equivalent) and 2 other subjects or equivalent

  • Applicants who do not meet the minimum requirements may still apply and will be considered based on:

    • At least 1 year working experience in any industry; and/or

    • Oral interview or evaluation test by Singapore Media Academy to determine suitability for the course

  • Applicants may be called for interview at the discretion of Singapore Media Academy.