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FY 2016 Health Center Controlled Networks: Budget Justification Narrative Outline Use this document as a reference. This outline does not provide a complete budget justification. A detailed justification

How to fill out budget justification narrative outline

How to fill out budget justification narrative outline:

1. Start by providing a clear and concise overview of your project. Explain the goals, objectives, and expected outcomes.
2. Break down your budget into different categories such as personnel, supplies, equipment, travel, etc. For each category, explain the purpose and necessity of the expenses.
3. Justify personnel costs by detailing the roles and responsibilities of each team member involved in the project. Explain how their expertise is essential for achieving the project objectives.
4. Provide a detailed explanation for each item under supplies and equipment. Justify why each item is necessary and how it will contribute to the success of the project.
5. If there is a need for travel expenses, specify the purpose of the trip, the destination, and why it is crucial for the project. Include estimated costs for transportation, accommodation, and meals.
6. Include any indirect costs or overheads that are necessary for the project's operation, such as administration, utilities, or rent.
7. Justify any subcontracting or consultant fees by explaining their specific expertise and how they will contribute to the project's success.
8. If applicable, outline any contingencies or future funding that might be needed to ensure the project's continuity. Justify the reasons and estimate the costs.
9. Summarize the budget justification by highlighting the significance of each expense in relation to the overall project goals and outcomes.

Who needs a budget justification narrative outline:

1. Researchers applying for grants or funding for their projects need a budget justification narrative outline. It helps demonstrate the necessity and viability of the proposed budget to potential funders.
2. Non-profit organizations or NGOs seeking financial support from donors or governmental agencies also require a budget justification narrative outline. It enables them to justify their budgetary needs and secure the necessary funds for their programs or initiatives.
3. Businesses or startups seeking investment or loans may need a budget justification narrative outline to convince potential investors or lenders of the profitability and financial feasibility of their plans.
4. Government agencies or departments creating budgets for various programs or projects often require a budget justification narrative outline. It helps them allocate resources efficiently and explain the rationale behind funding decisions.

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