Glossary

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B

Work undertaken primarily to acquire new knowledge without any particular application or use in mind.

A mechanism used by the U.S. government for soliciting proposals that are more general in nature, focusing on scientific advancement in the targeted subject matter, rather than development of a specific product.

The section of a proposal, typically categorized by major cost, that explains the basis for requested funding, and why the proposed costs are necessary to achieve the specific aims of the project.

The intervals of time (usually 12 months each) into which a project period is divided for budgetary and funding purposes.

The percentage of a budget spent divided by the percentage of elapsed time.