Developing your budget …. And introduction to the cost principles and allowable costs and ….. OSP awareness Oct 19, 2011. What is a budget?. Financial expression of your work plan (aka statement of work) Personnel costs Other than personnel costs
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And introduction to the cost principles and allowable costs and …..
Oct 19, 2011
Project costs = Allowable direct costs (DC) + allowable indirect costs (IDC (or F&A))
Guiding Principles – Costs must be:
When you bought the item at price X and quantity Y