What are some examples of budget justification?
Budget justification explains the need for requested funds. Examples include detailing costs for personnel, equipment, and travel.
Can you give me a specific example for personnel costs?
Sure! For personnel costs, you might justify a salary by explaining the role's importance in achieving project goals and how it aligns with the budget.
What about equipment costs?
For equipment costs, you could justify purchasing a new computer by stating it will enhance productivity and is essential for project success.
How detailed should the justification be?
The justification should be detailed enough to clearly explain the necessity and impact of each cost, but concise to maintain clarity.
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