During a grant proposal process, what component helps define the program's financial viability?

Enhance your teaching skills with the GACE Instructional Technology Exam. Dive into multiple choice questions with detailed explanations and hints. Prepare for success!

The proposed budget is crucial in the grant proposal process as it outlines the financial resources needed to execute the program successfully. It provides a detailed breakdown of expected costs, including personnel, materials, equipment, and any other expenses associated with the project. This financial plan demonstrates to grant reviewers that the project is well thought out and feasible. It also helps in assessing whether the requested funding aligns with the financial needs outlined in the proposal. A clear and justified budget is essential for establishing the program's financial viability, thereby increasing the likelihood of securing funding.

While other components such as a timeline for implementation and descriptions of project participants offer valuable context and supplementary information, they do not specifically address the financial resources and costs required to sustain the program. Similarly, a list of technology vendors may provide insight into the tools and resources planned for use but does not contribute directly to evaluating the overall financial viability of the proposal.

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