Overview of how cuts in budget affect production process

When our original budget of £10,000,000 was cut by a third, we fist realised that we had to change our actors from probable B list actors to Z list actors. Although they were Z list actors, we still managed to work out that we had enough money to give each of our 4 main actors £1,000,000 each. We then had change our director from an A list director to a B list director. With all this in mind, we thought originally that we would have to change alot more, but these factors were what cost us the most, and so we then realised that we had originally given appropriate amounts of money to the rest of our team, meaning that we didn't have to change any other factor due to the cuts.