Budgets are critical components of any proposal because a budget will provide insight into project management as well as defining the amount of funding necessary to conduct the project. A proposal reviewer can determine a great deal about a project based on a budget. Budgets are generally one of the review components and can help or hinder the final outcome of your proposal review.
Finally, please remember that your budget draft must be approved by Contracts and Grants (C&G) before the proposal can be submitted.
For an overview of Budget preparation, please also consult the PowerPoint presentation prepared by Teresa Miller of ORA.