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Step 1: Build a Gantt Chart. Step 2: Add Person-Days Per Company. Step 3: Estimate Labour Costs. Step 4: Add Subcontracting and Travel Costs. Step 5: Bring It All Together. Example of Proposal Budget. Worked Example: Hourly Rate Calculation.
The proposal budget serves the basic purpose of showing grant providers and investors how much money a project will cost and whether those costs adhere to guidelines. This helps investors and grant providers decide whether a project merits funding.
Proposed Budget means the proposed capital and operating budget for the Project, submitted to the Servicer for approval.
direct costs, indirect costs (also known as F&A), and. budget narrative/justification.