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[Music] [Applause] lets ask this question of is your budget narrative explaining is it a budget explanation or is it justifying where its a budget justification explaining answers the question what here is what is going on when we put that budget together when we get to the justification in a word its answering why why do we need this stuff it goes beyond the mathematical calculations so on the next several slides were gonna give uh one budget sample and then were gonna walk through the narrative piece now we put up this streamlined budget sample there are no tricks in here right this is not about did the numbers add up right we just need to set the context for which the written discussion occurs after this so we have a three-year budget where a pi is working for about 1.3 months in the summer theyve got four undergraduate students working for full-time in the summer some fringe benefits a pis student or going to a conference some materials and supplies direct costs and in this
