How to changing the speed of a video [1/2]

In this tutorial we will show you how to change the speed of a video in Adobe Premiere. Tutorial Includes project files and video.

As always, you must start a new document.
Go to the Project Panel and right click over it and choose "Import File"
Import a video.
Then release the video into the Timeline Panel.
As soon as you do these two steps, select the video and right click over it and select "Speed"

The following window will pop up.
It will show you the video Speed and its Duration.