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The phrase "budget justification" is correct and usable in written English.
It can be used when explaining or providing reasons for the allocation of funds in a financial context, such as in grant proposals or project budgets.
Example: "In our proposal, we included a detailed budget justification to clarify how each expense contributes to the project's goals."
Alternatives: "funding rationale" or "financial justification."
Exact(49)
Budget Justification Template: use this Word document to begin developing your budget justification for your proposal.
A succinct one or two page Budget Justification.
In addition, a sentence (sample below) should be included in the budget justification.
A budget and/or budget justification (Optional for continuing status requests).
Section 1 of the application concerns the budget and budget justification, for which there are no page limitations.
This definition must be included in the budget justification for all NSF proposals submitted by Berkeley Principal Investigators.
Similar(11)
INCITE will only review proposals with concrete plans for obtaining external funding and detailed budgets and budget justifications.
Laboratory finances change over the course of a year so budget justifications may have to be redone if you've submitted a research grant.
Career-development workshops at the University of Pittsburgh, for example, help postdocs and junior faculty members prioritize research goals, develop financially manageable research programs, improve grant-writing skills, write budget justifications, and navigate fiscal policies.
If your grant is non-modular, you need to send a copy of the Budget and Justification page.
Each applicant was required to provide an abstract, specific aims, a research plan (not to exceed three pages plus one page of optional preliminary results), a biosketch, a budget with justification, and confirmation of support from his or her department and mentor.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com