How to Develop a Budget for a Research Proposal

Abstract

Novice investigators may be intimidated by the task of proposal budget preparation. Often a basic understanding of the mechanics of budgeting, paired with a good working relationship with the institution’s sponsored programs office, can alleviate much of the stress investigators encounter in developing budgets. Careful attention to the detailed inclusive costs of conducting the proposed study combined with awareness of university and agency budget requirements is essential. This article describes strategies for developing a budget for a research proposal.