The project budget is one of the most important components of a grant proposal. A well-crafted project budget can aid the funder in understanding HOW you plan to execute the proposed project by assigning financial resources to specific activities. Remember, your proposal describes your project in words, and your budget describes your project in numbers. Budget requirements may vary from funder to funder. For example, one funder may request a complex spreadsheet and a detailed budget narrative, which provides a written explanation for each expense you expect to incur during the project.  Another funder may only ask for a simple one-page statement of your planned activities and projected expenses. In either case, it is important to remember that funders want to look at a budget and see that it is a reasonable representation of costs for your program.