Viability

Is the product financially viable?

From my research, I have learnt that distributing my product through TV advertisement would be financially unavailable due to the fact that it would probably take 20K as the starting budget to possibly 200K. However, there are other websites that permits us to sell our product through free social media website and that would be financially viable; for example, YouTube, Facebook, Twitter etc. Yet, even if there are websites that permits free video streaming for instance YouTube, they will only max 15 minutes and if any higher than that you will be charged.
 

Do you have necessary skills to undertake the production process?

I have the basic knowledge to undertake the production process and with the assistance and directions of FiveStar Production Team. The skills I acquire to start the production process is very basic; being organised, how to operate a camera, take shots, edit, being efficient as well as a good communicator and other skills that are necessary and helpful to me during the production. Even if I haven’t been taught professionally, I have a decent direction of how to edit and direct based on my previous minor projects conducted. Besides, when making a movie/documentary you will always the help of teachers, family and friends, and students from previous years who have produced before and passed the stage of complications that I could potentially face.

 

Do you have the right equipment and technology available to you?

The equipment’s that are available at school are easier to get hold of and they have decent cameras and the most important- the AVID editing software. Majority of the cameras at school produce good quality videos, and the fact that I use them often I am very familiar and comfortable with the formats.  This is less time consuming at it save me from learning to use another camera and the formats. The AVID media composer is a software that is usually used by the professionals, however as it is school’s property and I am student. I am able to use it for free. I count myself as lucky as I can use it until I am fully satisfied with my movie (within in the given time) and I don’t have to pay thousands of moneys for it.

I have entry to HD cameras, tripods, lighting, sound recorders, boom pole etc. These equipment’s are the core elements of the production. This empowers me to have a fruitful result when I’m delivering my film as I have industry equipment to do as such.

What help and support will you require?

I have been using iMovie more than I have on the AVID, giving me the option to stick to what I am familiar with or to try a brand-new software I have never encountered. However, practising on the AVID will give me an insight of the professional world. Meaning that I will need support from an 13yr student or from a member of staff who knows how to use the AVID media composer.  

Despite the fact that, greater part of the production role I can fill without anyone else's input yet when it comes down to talent and sound recordist/make up I will require assistance. This is efficient as I will be able to save money and time by doing this.

Have you got enough time to produce the product?

In conclusion, I believe that it would take approximately 5 days to produce the product and the same amount of days to edit. Giving me 10 days in total to produce which is quite short but effective.  I done a great deal of research finding the best area and the perfect individuals to report about. I may be able to spare time which would me to enhance my work and perhaps add few more details till it reaches to complete my vision.

REFERENCE:

• Brown, R. (2015). What it Takes to Make Your Product Viable. [online] Mashable. Available at: http://www.mashable.com/2012/06/22/measure-product-viability-agile-time/ [Accessed 28 Jan. 2016].