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Odegard

Budget Development

The total amount requested in the budget is determined by the needs of the project and the limitations set by the sponsor.  It should reflect the activities and associated actual or estimated costs of achieving the objectives stated in the proposal.  In a very real sense, the budget is the culmination of the planning process undertaken in the preparation of the proposal.  The budget format should follow the instructions of the sponsor and frequently is required on the sponsor's form.  For multi-year projects the budgets are usually broken down for each year, with a separate cumulative total.  Since this is often the most confusing part of proposal preparation, applicants are urged to contact OGCS for assistance.  The budget will include: direct costs; F&A costs; and budget justification.

 

The Science of Shopping

EXPLORE UTA

Behavioral economics

Professor Kay-Yut Chen’s research examines why people make the decisions they do in business and how we can predict those decisions. Such data-driven insights help companies improve their bottom line.

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