Risk Management, How to Project Manage a Hollywood Film!
It’s widely considered that film and movies began in Paris on December 28, 1895, when the Lumière brothers exhibited ten of their short films. Since then, a predominantly project-based methodology has built up around the production of films and television shows, which took off mainly after 1948. Today, film and television production methodology covers a wide range of techniques based on genre, format, and budget. This lecture (presented in 10 parts) will distill the project management details of a film/TV project into this presentation. We’ll cover how the PMBOK’s 10 knowledge areas are met in the management of a film/TV project, and also discuss paperwork and forms used for communication, and other facets.
Project Risk Management
Risk management plans will identify how the risks will be itemized, categorized, and prioritized. This involves identifying risks that might occur during the execution of the project by making a risk register.
Perform qualitative risk analysis after the biggest risks have been identified and classified by likelihood and impact. Then prioritize them. Then perform quantitative analysis according to their impact on the project, such as its budget, schedule, etc.
Now you’ll need to plan risk responses. If those risks in fact become issues, then a response needs to have been written in advance, with an owner who can make sure the risk is properly identified and handled. Controlling risk involves regularly reviewing the risk register and crossing off those risks that are no longer going to impact the project.