Why isolate a project's budget
A project budget follows a project logic: it shows precisely what an operation costs and how it is funded. It is useful in several situations:
- A grant application dedicated to a specific project (rather than operations).
- A call for projects from a local authority, foundation or EU fund.
- Organising an event (festival, conference, field action).
- Tracking the viability of a resource-generating activity.
By separating the project from operations, you demonstrate rigour and make the funder's subsequent checks easier.