Research & Development
Reference showcases nice and organized way of reference gathering and planning.
Creative Art
The end result is a stunning, simplified scene with lots of character. The use of color, contrast, shapes and putting detail to where it counts is remarkable work. The result reminds me of Dishonored/Prey. Details of materials coming mostly from roughness variation, and not pushing a whole of detail into the normals other than basic shape and form makes it easy to read. The video with sounds on adds a lot into the horror feeling, which is not all the way present to such extent with the easy reading scene.
The end result looks great, but I'd love to see maybe how the scene would look with a bit of carefully placed grunge into the normals in form of decal or vertex paint to see if it would add another layer of horror into the scene, as it now reads more of an easy-to-look-at scene with art fundamentals being used to a very high extent. Adding a bit of interest into the silhouettes by adding irregularities might also work, but we might be steering the scene towards a different style if these sort of changes would be implemented.
From narrative perspective, you could maybe add some elements to support the feeling. For example, you could have a torn children's book with a title such as "My favorite chair" to make a connection between the teddy's owner and the chair to give a slight added scare factor, with planks creaking behind, in the corridor.
Technical Art
The scene is very optimized with texture usage. The use of polygons seems a bit high with smaller details such as door knobs and wallplugs. Use of decals might also be a bit high if the scene is not supposed to have a key moment or meaning.
I like the use of special effect shaders; they pack a serious punch to the scene.
Documentation
I like the showing of organized references, Notion and using cinematic scene as an inspiration for lighting. The breakdown of materials, sims, props, lighting and post process are also shown and written well.
Final Presentation
The screenshots look nice, and the connection of doll and tv, after seeing the clip, becomes more apparent. The screenshots are nice and sharp.