3. Proposal and Budget Preparation: Develop the Budget

Welcome to Module 3. To begin this module read the learning objectives, then click the red button to your right under Get Started.

Learning Objectives

  1. Understand budget basics: accounting periods, budget methods, budget categories and the out years of a proposal.
  2. Demonstrate understanding of the total project costs.

  3. Define Direct Costs and name examples.

  4. Define F&A costs and name examples.

  5. Define the types of cost sharing.

  6. Properly identify allowable/unallowable cost sharing expenditures.

  7. Create a budget.

  8. Write a budget justification.

  9. Describe what takes place during the Departmental Review process.

  10. Identify the offices responsible for Institutional Review.

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