Planning a budget for a proposal can be done in five easy steps. A proposal budget is a lot similar to a project budget and the only difference is the main goal. A proposal budget is all about gaining trust. It is aimed at showing g you have a grasp on the plan you are putting into action. You need to be clear and concise in this plan.
Key Takeaways:
- A project budget is meant to guide you step-by-step throughout the project phases, and is meant to be changed and adapted (within limits, of course) to what happens during the project itself.
- Gantt charts are loved and hated. It is undeniable, however, that they are the clearest overview you can get of a project in its entirety.
- In order to estimate costs well, you first need to estimate the amount of work you need to put into each activity you have planned. Not only that: you need to estimate who will do the work. I don’t mean who personally (name and surname), I mean what type of person or role will work on each task.
“Once you have the duration and the person-days or hours for each project task, it’s time to write down how much their work would cost. To do this, you simply need to multiply the hourly or daily rate of each category of personnel in each company by the amount of days/hours they will be working.”
http://www.girlsguidetopm.com/2017/02/planning-a-budget-for-a-proposal-in-5-easy-steps-example/
