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September 5, 2025Engineering and Technology JournalOpen Access

The Film Production Budget Optimization Model: A Data-Driven Approach to Cost Efficiency in Independent Films

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Authors

CBCraig H. BensonUniversity of Wisconsin System COChinelo Harriet OkoloUniversity of Lagos OOOlatunji OkeBritish American Tobacco (United Kingdom)

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Implication

This analysis demonstrates improved cost efficiency using predictive analytics in film production budgets, suggesting better financial management practices.

Key Points

Data-driven budgeting enhances financial planning and reduces budget overruns in independent film production.
Using predictive analytics, this research indicates increased flexibility and accuracy in managing film production costs.
A comparative analysis reveals significant advantages of data-driven models over traditional budgeting methodologies.
Integrating artificial intelligence tools into budget management helps streamline production processes and improve financial predictability.

Cite This Study

Benson et al. (2025) studied this question.

synapsesocial.com/papers/68bb4e016d6d5674bcd029bd https://doi.org/10.47191/etj/v10i08.45

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Implication

This analysis demonstrates improved cost efficiency using predictive analytics in film production budgets, suggesting better financial management practices.

The Film Production Budget Optimization Model: A Data-Driven Approach to Cost Efficiency in Independent Films

Discussion

Member takes

Implication

Key Points

Cite This Study

The Film Production Budget Optimization Model: A Data-Driven Approach to Cost Efficiency in Independent Films

Discussion

Member takes

Implication

Key Points

Cite This Study

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