One way to begin developing your budget would be to outline what you think you will need in the way of employee time and physical resources to accomplish the project goals. This outline can form the basis for your budget narrative and also be the starting point for quantifying the project's resource needs.
Direct costs are those costs that can be identified specifically with a particular sponsored project, an instructional activity, or any other institutional activity, or that can be directly assigned to such activities relatively easily with a high degree of accuracy. Costs incurred for the same purpose in like circumstances must be treated consistently as either direct or F&A costs. Where an institution treats a particular type of cost as a direct cost of sponsored agreements, all costs incurred for the same purpose in like circumstances shall be treated as direct costs of all activities of the institution.
No. In this case OSP is distinguishing only between direct and indirect costs, so items that are excluded under the modified-total-direct-cost basis should still be included.