Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

The HRP is also a funds raising appeal document, where funding requirements of each cluster are presented separately and consolidated to form the total funding requirement for the response. Each sector coordinator is responsible to estimate the budget needed to implement the sectorial strategy for the coming year/phase. This is a complicated task as many parameters must be considered, and many variables are still unknown during planning phase (material cost, logistic cost...), which can change the overall budget. Nevertheless, response costing must be done quickly enough for funding to be allocated without delay. Even when costs are roughly estimated, it is important to be transparent and be able to explain how it was calculated. Cluster response budgets also represent targets against which funding allocation level will be regularly measured. Such monitoring of the funding status is used to advocate for further efforts in resource mobilization throughout the response.

Image RemovedImage Added
                                Response costing method

...