A tool for calculating shared costs for inclusion in a project cost application (budget) at proposal phase.
Format:
This resource relates to the following project management standards and key actions. Click on the links below for guidance to carry out these key actions, and for links to any related policies and other resources.
- Standard 3: Accurate and cost-efficient proposal budgeting.
- Key Action 1: Establish amounts for indirect and allocated direct costs, and identify potential high-level budget constraints and decisions so the proposal development team can begin budgeting for direct-direct costs ("back of the envelope" calculation).
- Key Action 2: Develop a detailed budget and budget narrative in line with the project activities schedule and staffing plan, and adjust as needed.