Identify and list any major risk factors that could result in the activities not producing the expected results. These should include both internal factors (for example, the technology involved fails to work as projected) and external factors (for example, significant currency fluctuations resulting into changes in the economics of the activity, risk of sub-contactors or sub-partners not performing). Describe how such risks are to be mitigated.

In this section also include the key assumptions on which the activity plan is based on. In this case, the assumptions are mostly related to external factors (for example, the assumption that the relevant government’s environmental policy will remain stable) which are anticipated in planning the activity, and on which the feasibility of the activities depend.

Please attach a risk register to capture the above risk factors and risk mitigation measures.

Component 6: Results-Based Budget (max. 1.5 pages)

The development and management of a realistic budget is an important part of developing and implementing successful activities. Careful attention to issues of financial management and integrity will enhance the effectiveness and impact of activities. The following important principles should be kept in mind in preparing a project budget:

- • Include costs which relate to efficiently carrying out the activities and producing the results which are set forth in the proposal. Other associated costs should be funded from other sources.
- • The budget should be realistic. Find out what planned activities will actually cost, and do not assume that they would cost less.
- • The budget should include all costs associated with managing and administering the activity or results, particularly the cost of monitoring and evaluation.
- • The budget could include “support costs”, being those indirect costs that are incurred to operate the Responsible Party as a whole or a segment thereof and that cannot be easily connected or traced to implementation of the work, i.e., operating expenses, over-head costs and general costs connected to the normal functioning of an organization/business (such as cost for support staff, office space and equipment that are not direct costs).
- • “Support cost rate” means the flat rate at which the Responsible Party will be reimbursed by UN Women for its support costs, as set forth in the Partner Project Document and not exceeding a rate of 8% or the rate set forth in the Donor Specific Conditions, if that is lower. The flat rate is calculated on the eligible direct costs.
- • The budget line items are general categories intended to assist in thinking through where money will be spent. If a planned expenditure does not appear to fit in any of the standard line-item categories, list the item under other costs, and state what the money is to be used for.
- • The figures contained in the budget sheet should agree with those on the proposal header and text.
- • Depending on the results to be delivered, following suggestive thresholds could be followed for costs:
- - maximum for personnel related costs on a proposal - 30% of programming costs;
- - between 3-5% for audits (to be retained by UN Women for Responsible Party audits) (may change as per the annual audit cost);
- - 3% for monitoring and evaluation; and
- - up to 8% (or as per relevant donor agreement) – support costs including (utilities, rent etc.).

Result Result 1 (e.g., Output) Repeat this table for each

Expenditure Category

Year 1 [RSD]

Year 2 (RSD)

Total [RSD]

Total (US$)

Percentage Total

1. Personnel

2. Equipment/Materials

3. Training/Seminars/Travel Workshops

4. Contracts

5. 5. Other costs

6. Incidentals

7. Other support requested