In order to assist offices in their costing and budgeting of project activities, PPM procedures “Prepare Fully Costed Budgets for Projects” have been added. These procedures provide guidance on how to budget direct and indirect costs including personnel and operating costs, as well services by UNDP offices to projects. They also provide a sample project budget template by activities and budget inputs and a sample timesheet template when estimating UNDP services to projects. Budgeting and costing requirements of the specific funding partners (EU, GEF and Global Fund) are also available here. These updates are reflected in Multi-Country and South-South Projects procedure step 3.1.