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- How to Write a Research Proposal | Examples & Templates
How to Write a Research Proposal | Examples & Templates
Published on October 12, 2022 by Shona McCombes and Tegan George. Revised on November 21, 2023.
A research proposal describes what you will investigate, why it’s important, and how you will conduct your research.
The format of a research proposal varies between fields, but most proposals will contain at least these elements:
Introduction
Literature review.
- Research design
Reference list
While the sections may vary, the overall objective is always the same. A research proposal serves as a blueprint and guide for your research plan, helping you get organized and feel confident in the path forward you choose to take.
Table of contents
Research proposal purpose, research proposal examples, research design and methods, contribution to knowledge, research schedule, other interesting articles, frequently asked questions about research proposals.
Academics often have to write research proposals to get funding for their projects. As a student, you might have to write a research proposal as part of a grad school application , or prior to starting your thesis or dissertation .
In addition to helping you figure out what your research can look like, a proposal can also serve to demonstrate why your project is worth pursuing to a funder, educational institution, or supervisor.
Research proposal length
The length of a research proposal can vary quite a bit. A bachelor’s or master’s thesis proposal can be just a few pages, while proposals for PhD dissertations or research funding are usually much longer and more detailed. Your supervisor can help you determine the best length for your work.
One trick to get started is to think of your proposal’s structure as a shorter version of your thesis or dissertation , only without the results , conclusion and discussion sections.
Download our research proposal template
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See an example
Writing a research proposal can be quite challenging, but a good starting point could be to look at some examples. We’ve included a few for you below.
- Example research proposal #1: “A Conceptual Framework for Scheduling Constraint Management”
- Example research proposal #2: “Medical Students as Mediators of Change in Tobacco Use”
Like your dissertation or thesis, the proposal will usually have a title page that includes:
- The proposed title of your project
- Your supervisor’s name
- Your institution and department
The first part of your proposal is the initial pitch for your project. Make sure it succinctly explains what you want to do and why.
Your introduction should:
- Introduce your topic
- Give necessary background and context
- Outline your problem statement and research questions
To guide your introduction , include information about:
- Who could have an interest in the topic (e.g., scientists, policymakers)
- How much is already known about the topic
- What is missing from this current knowledge
- What new insights your research will contribute
- Why you believe this research is worth doing
As you get started, it’s important to demonstrate that you’re familiar with the most important research on your topic. A strong literature review shows your reader that your project has a solid foundation in existing knowledge or theory. It also shows that you’re not simply repeating what other people have already done or said, but rather using existing research as a jumping-off point for your own.
In this section, share exactly how your project will contribute to ongoing conversations in the field by:
- Comparing and contrasting the main theories, methods, and debates
- Examining the strengths and weaknesses of different approaches
- Explaining how will you build on, challenge, or synthesize prior scholarship
Following the literature review, restate your main objectives . This brings the focus back to your own project. Next, your research design or methodology section will describe your overall approach, and the practical steps you will take to answer your research questions.
To finish your proposal on a strong note, explore the potential implications of your research for your field. Emphasize again what you aim to contribute and why it matters.
For example, your results might have implications for:
- Improving best practices
- Informing policymaking decisions
- Strengthening a theory or model
- Challenging popular or scientific beliefs
- Creating a basis for future research
Last but not least, your research proposal must include correct citations for every source you have used, compiled in a reference list . To create citations quickly and easily, you can use our free APA citation generator .
Some institutions or funders require a detailed timeline of the project, asking you to forecast what you will do at each stage and how long it may take. While not always required, be sure to check the requirements of your project.
Here’s an example schedule to help you get started. You can also download a template at the button below.
Download our research schedule template
If you are applying for research funding, chances are you will have to include a detailed budget. This shows your estimates of how much each part of your project will cost.
Make sure to check what type of costs the funding body will agree to cover. For each item, include:
- Cost : exactly how much money do you need?
- Justification : why is this cost necessary to complete the research?
- Source : how did you calculate the amount?
To determine your budget, think about:
- Travel costs : do you need to go somewhere to collect your data? How will you get there, and how much time will you need? What will you do there (e.g., interviews, archival research)?
- Materials : do you need access to any tools or technologies?
- Help : do you need to hire any research assistants for the project? What will they do, and how much will you pay them?
If you want to know more about the research process , methodology , research bias , or statistics , make sure to check out some of our other articles with explanations and examples.
Methodology
- Sampling methods
- Simple random sampling
- Stratified sampling
- Cluster sampling
- Likert scales
- Reproducibility
Statistics
- Null hypothesis
- Statistical power
- Probability distribution
- Effect size
- Poisson distribution
Research bias
- Optimism bias
- Cognitive bias
- Implicit bias
- Hawthorne effect
- Anchoring bias
- Explicit bias
Once you’ve decided on your research objectives , you need to explain them in your paper, at the end of your problem statement .
Keep your research objectives clear and concise, and use appropriate verbs to accurately convey the work that you will carry out for each one.
I will compare …
A research aim is a broad statement indicating the general purpose of your research project. It should appear in your introduction at the end of your problem statement , before your research objectives.
Research objectives are more specific than your research aim. They indicate the specific ways you’ll address the overarching aim.
A PhD, which is short for philosophiae doctor (doctor of philosophy in Latin), is the highest university degree that can be obtained. In a PhD, students spend 3–5 years writing a dissertation , which aims to make a significant, original contribution to current knowledge.
A PhD is intended to prepare students for a career as a researcher, whether that be in academia, the public sector, or the private sector.
A master’s is a 1- or 2-year graduate degree that can prepare you for a variety of careers.
All master’s involve graduate-level coursework. Some are research-intensive and intend to prepare students for further study in a PhD; these usually require their students to write a master’s thesis . Others focus on professional training for a specific career.
Critical thinking refers to the ability to evaluate information and to be aware of biases or assumptions, including your own.
Like information literacy , it involves evaluating arguments, identifying and solving problems in an objective and systematic way, and clearly communicating your ideas.
The best way to remember the difference between a research plan and a research proposal is that they have fundamentally different audiences. A research plan helps you, the researcher, organize your thoughts. On the other hand, a dissertation proposal or research proposal aims to convince others (e.g., a supervisor, a funding body, or a dissertation committee) that your research topic is relevant and worthy of being conducted.
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The Research Whisperer
Just like the thesis whisperer – but with more money, how to make a simple research budget.
Every research project needs a budget*.
If you are applying for funding, you must say what you are planning to spend that funding on. More than that, you need to show how spending that money will help you to answer your research question .
So, developing the budget is the perfect time to plan your project clearly . A good budget shows the assessors that you have thought about your research in detail and, if it is done well, it can serve as a great, convincing overview of the project.
Here are five steps to create a simple budget for your research project.
1. List your activities
Make a list of everything that you plan to do in the project, and who is going to do it.
Take your methodology and turn it into a step-by-step plan. Have you said that you will interview 50 people? Write it on your list.
Are you performing statistical analysis on your sample? Write it down.
Think through the implications of what you are going to do. Do you need to use a Thingatron? Note down that you will need to buy it, install it, and commission it.
What about travel? Write down each trip separately. Be specific. You can’t just go to ‘South East Asia’ to do fieldwork. You need to go to Kuala Lumpur to interview X number of people over Y weeks, then the same again for Singapore and Jakarta.
Your budget list might look like this:
- I’m going to do 10 interviews in Kuala Lumpur; 10 interviews in Singapore; 10 interviews in Jakarta by me.
- I’ll need teaching release for three months for fieldwork.
- I’ll need Flights to KL, Singapore, Jakarta and back to Melbourne.
- I’ll need Accommodation for a month in each place, plus per diem.
- The transcription service will transcribe the 30 interviews.
- I’ll analysis the transcribed results. (No teaching release required – I’ll do it in my meagre research time allowance.)
- I’ll need a Thingatron X32C to do the trials.
- Thing Inc will need to install the Thingatron. (I wonder how long that will take.)
- The research assistant will do three trials a month with the Thingatron.
- I’ll need to hire a research assistant (1 day per week for a year at Level B1.)
- The research assistant will do the statistical analysis of the Thingatron results.
- I’ll do the writing up in my research allowance time.
By the end, you should feel like you have thought through the entire project in detail. You should be able to walk someone else through the project, so grab a critical friend and read the list to them. If they ask questions, write down the answers.
This will help you to get to the level of specificity you need for the next step.
2. Check the rules again
You’ve already read the funding rules, right? If not, go and read them now – I’ll wait right here until you get back.
Once you’ve listed everything you want to do, go back and read the specific rules for budgets again. What is and isn’t allowed? The funding scheme won’t pay for equipment – you’ll need to fund your Thingatron from somewhere else. Cross it off.
Some schemes won’t fund people. Others won’t fund travel. It is important to know what you need for your project. It is just as important to know what you can include in the application that you are writing right now.
Most funding schemes won’t fund infrastructure (like building costs) and other things that aren’t directly related to the project. Some will, though. If they do, you should include overheads (i.e. the general costs that your organisation needs to keep running). This includes the cost of basics like power and lighting; desks and chairs; and cleaners and security staff. It also includes service areas like the university library. Ask your finance officer for help with this. Often, it is a percentage of the overall cost of the project.
If you are hiring people, don’t forget to use the right salary rate and include salary on-costs. These are the extra costs that an organisation has to pay for an employee, but that doesn’t appear in their pay check. This might include things like superannuation, leave loading, insurance, and payroll tax. Once again, your finance officer can help with this.
Your budget list might now look like this:
- 10 interviews in Kuala Lumpur; 10 interviews in Singapore; 10 interviews in Jakarta by me.
- Teaching release for three months for fieldwork.
- Flights to KL, Singapore, Jakarta and back to Melbourne.
- Accommodation for a month in each place, plus per diem, plus travel insurance (rule 3F).
- Transcription of 30 interviews, by the transcription service.
- Analysis of transcribed results, by me. No teaching release required.
- Purchase and install Thingatron X32C, by Thing Inc . Not allowed by rule 3C . Organise access to Thingatron via partner organistion – this is an in-kind contribution to the project.
- Three trials a month with Thingatron, by research assistant.
- Statistical analysis of Thingatron results, by research assistant.
- Research assistant: 1 day per week for a year at Level B1, plus 25.91% salary on-costs.
- Overheads at 125% of total cash request, as per rule 3H.
3. Cost each item
For each item on your list, find a reasonable cost for it . Are you going to interview the fifty people and do the statistical analysis yourself? If so, do you need time release from teaching? How much time? What is your salary for that period of time, or how much will it cost to hire a replacement? Don’t forget any hidden costs, like salary on-costs.
If you aren’t going to do the work yourself, work out how long you need a research assistant for. Be realistic. Work out what level you want to employ them at, and find out how much that costs.
How much is your Thingatron going to cost? Sometimes, you can just look that stuff up on the web. Other times, you’ll need to ring a supplier, particularly if there are delivery and installation costs.
Jump on a travel website and find reasonable costs for travel to Kuala Lumpur and the other places. Find accommodation costs for the period that you are planning to stay, and work out living expenses. Your university, or your government, may have per diem rates for travel like this.
Make a note of where you got each of your estimates from. This will be handy later, when you write the budget justification.
- 10 interviews in Kuala Lumpur; 10 interviews in Singapore; 10 interviews in Jakarta by me (see below for travel costs).
- Teaching release for three months for fieldwork = $25,342 – advice from finance officer.
- Flights to KL ($775), Singapore ($564), Jakarta ($726), Melbourne ($535) – Blue Sky airlines, return economy.
- Accommodation for a month in each place (KL: $3,500; Sing: $4,245; Jak: $2,750 – long stay, three star accommodation as per TripAdviser).
- Per diem for three months (60 days x $125 per day – University travel rules).
- Travel insurance (rule 3F): $145 – University travel insurance calculator .
- Transcription of 30 interviews, by the transcription service: 30 interviews x 60 minutes per interview x $2.75 per minute – Quote from transcription service, accented voices rate.
- Analysis of transcribed results, by me. No teaching release required. (In-kind contribution of university worth $2,112 for one week of my time – advice from finance officer ).
- Purchase and install Thingatron X32C, by Thing Inc . Not allowed by rule 3C. Organise access to Thingatron via partner organistion – this is an in-kind contribution to the project. ($2,435 in-kind – quote from partner organisation, at ‘favoured client’ rate.)
- Research assistant: 1 day per week for a year at Level B1, plus 25.91% salary on-costs. $12,456 – advice from finance officer.
Things are getting messy, but the next step will tidy it up.
4. Put it in a spreadsheet
Some people work naturally in spreadsheets (like Excel). Others don’t. If you don’t like Excel, tough. You are going to be doing research budgets for the rest of your research life.
When you are working with budgets, a spreadsheet is the right tool for the job, so learn to use it! Learn enough to construct a simple budget – adding things up and multiplying things together will get you through most of it. Go and do a course if you have to.
For a start, your spreadsheet will multiply things like 7 days in Kuala Lumpur at $89.52 per day, and it will also add up all of your sub-totals for you.
If your budget doesn’t add up properly (because, for example, you constructed it as a table in Word), two things will happen. First, you will look foolish. Secondly, and more importantly, people will lose confidence in all your other numbers, too. If your total is wrong, they will start to question the validity of the rest of your budget. You don’t want that.
If you are shy of maths, then Excel is your friend. It will do most of the heavy lifting for you.
For this exercise, the trick is to put each number on a new line. Here is how it might look.
5. Justify it
Accompanying every budget is a budget justification. For each item in your budget, you need to answer two questions:
- Why do you need this money?
- Where did you get your figures from?
The budget justification links your budget to your project plan and back again. Everything item in your budget should be listed in your budget justification, so take the list from your budget and paste it into your budget justification.
For each item, give a short paragraph that says why you need it. Refer back to the project plan and expand on what is there. For example, if you have listed a research assistant in your application, this is a perfect opportunity to say what the research assistant will be doing.
Also, for each item, show where you got your figures from. For a research assistant, this might mean talking about the level of responsibility required, so people can understand why you chose the salary level. For a flight, it might be as easy as saying: “Blue Sky airlines economy return flight.”
Here is an example for just one aspect of the budget:
Fieldwork: Kuala Lumpur
Past experience has shown that one month allows enough time to refine and localise interview questions with research partners at University of Malaya, test interview instrument, recruit participants, conduct ten x one-hour interviews with field notes. In addition, the novel methodology will be presented at CONF2015, to be held in Malaysia in February 2015.
Melbourne – Kuala Lumpur economy airfare is based on current Blue Sky Airlines rates. Note that airfares have been kept to a minimum by travelling from country to country, rather than returning to Australia.
1 month accommodation is based on three star, long stay accommodation rates provided by TripAdvisor.
30 days per diem rate is based on standard university rates for South-East Asia.
Pro tip: Use the same nomenclature everywhere. If you list a Thingatron X32C in your budget, then call it a Thingatron X32C in your budget justification and project plan. In an ideal world, someone should be able to flip from the project plan, to the budget and to the budget justification and back again and always know exactly where they are.
- Project plan: “Doing fieldwork in Malaysia? Whereabouts?” Flips to budget.
- Budget: “A month in Kuala Lumpur – OK. Why a month?” Flips to budget justification.
- Budget justification: “Ah, the field work happens at the same time as the conference. Now I get it. So, what are they presenting at the conference?” Flips back to the project description…
So, there you have it: Make a list; check the rules; cost everything; spreadsheet it; and then justify it. Budget done. Good job, team!
This article builds on several previous articles. I have shamelessly stolen from them.
- Constructing your budget – Jonathan O’Donnell.
- What makes a winning budget ? – Jonathan O’Donnell.
- How NOT to pad your budget – Tseen Khoo.
- Conquer the budget, conquer the project – Tseen Khoo.
- Research on a shoestring – Emily Kothe.
- How to make a simple Gantt chart – Jonathan O’Donnell.
* Actually, there are some grant schemes that give you a fixed amount of money, which I think is a really great idea . However, you will still need to work out what you are going to spend the money on, so you will still need a budget at some stage, even if you don’t need it for the application.
Also in the ‘simple grant’ series:
- How to write a simple research methods section .
- How to make a simple Gantt chart .
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28 comments.
This has saved my day!
Happy to help, Malba.
Like Liked by 1 person
[…] you be putting in a bid for funding? Are there costs involved, such as travel or equipment costs? Research Whisperer’s post on research budgets may help you […]
I’ve posted a link to this article of Jonathan’s in the Australasian Research Management Society LinkedIn group as well, as I’m sure lots of other people will want to share this.
Thanks, Miriam.
This is great! Humorous way to talk explain a serious subject and could be helpful in designing budgets for outreach grants, as well. Thanks!
Thanks, Jackie
If you are interested, I have another one on how to do a timeline: https://theresearchwhisperer.wordpress.com/2011/09/13/gantt-chart/
[…] really useful information regarding budget development can be found on the Research Whisperer Blog here. Any other thoughts and suggestions are welcome – what are your tips to developing a good […]
[…] it gets you to the level of specificity that you need for a detailed methods section. Similarly, working out a budget for your workshops will force you to be specific about how many people will be attending (venue […]
A friend of mine recently commented by e-mail:
I was interested in your blog “How to make a simple research budget”, particularly the statement: “Think through the implications of what you are going to do. Do you need to use a Thingatron? Note down that you will need to buy it, install it, and commission it.”
From my limited experience so far, I’d think you could add:
“Who else is nearby who might share the costs of the Thingatron? If it’s a big capital outlay, and you’re only going to use it to 34% of it’s capacity, sharing can make the new purchase much easier to justify. But how will this fit into your grant? And then it’s got to be maintained – the little old chap who used to just do all that odd mix of electrickery and persuasion to every machine in the lab got retrenched in the last round. You can run it into the ground. But that means you won’t have a reliable, stable Thingatron all ready to run when you apply for the follow-on grant in two years.”
[…] (For more on this process, take a look at How to Write a Simple Project Budget.) […]
[…] Source: How to make a simple research budget […]
This is such a big help! Thank You!
No worries, Claudine. Happy to help.
Would you like to share the link of the article which was wrote about funding rules? I can’t find it. Many thanks!
Hello there – do you mean this post? https://theresearchwhisperer.wordpress.com/2012/02/14/reading-guidelines
Thank @tseen khoo, very useful tips. I also want to understand more about 3C 3F 3H. What do they stand for? Can you help me find out which posts talk about that. Thank again.
[…] mount up rapidly, even if you are in a remote and developing part of the world. Putting together a half decent budget early on and being aware of funding opportunities can help to avoid financial disaster half way […]
This is so amazing, it really helpful and educative. Happy unread this last week before my proposal was drafted.
Happy to help, Babayomi. Glad you liked it.
really useful! thanks kate
[…] “How to Make a Simple Research Budget,” by Jonathan O’Donnell on The Research Whisperer […]
[…] offering services that ran pretty expensive. until I found this one. It guided me through making a simple budget. The information feels sort of like a university graduate research paper but having analysed […]
[…] Advice on writing research proposals for industry […]
[…] research serves as the bedrock of informed budgeting. Explore the average costs of accommodation, transportation, meals, and activities in your chosen […]
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How to plan and write a budget for research grant proposal?
Medical research can have an enormous positive impact on human health. Health research improves the quality of human lives and society which plays a vital role in social and economic development of the nation. Financial support is crucial for research. However, winning a research grant is a difficult task. A successful grant-winning application requires two key elements: one is an innovative research problem with best probable idea/plan for tackling it and appropriate planning of budget. The aim of the present paper is to give an insight on funding agencies providing funding for health research including traditional Indian medicine (from an Indian perspective) and key points for planning and writing budget section of a grant application.
1. Introduction
Why health science research is important and why should it to be funded? Science and technology innovations and health research can have an enormous impact on human health. They improve public health, quality of human lives, longevity and have made society better [1] , [2] . Healthy humans with better quality of life are crucial for the social and economical development of the nation [3] . Medical research led to the expansion of knowledge about health problems/conditions and their mechanism, risk factors, outcomes of treatments or interventions, preventive measures and proper management. Clinical studies or trials provide important information about the safety and efficacy of a drug/intervention. Innovative basic science research had led to the discovery of new technology, efficient diagnostic and therapeutic devices. So, currently, an effort with multidisciplinary approach is a demand for better understanding of clinical conditions and providing safest health care to the community [2] , [4] .
Whether it is basic or applied, clinical or non-clinical, all research needs financial support. Considering the importance of research in economic growth of a nation, many countries are increasing their budget for research and development in science. A study on impact of GDP (Gross Domestic Product) on research and development in science among Asian countries has found that one who spends more on research has more research outcomes in the form of total number of research documents, citations per documents and h-index [5] . About 95% of the NIH (National Institutes of Health, USA), budget goes directly to research awards, programs, and centers; training programs; and research and development contracts [6] . Total expenditure carried out for research in India is too less than USA and China. Percentage of GDP for research and development in India is 0.88%, while South Korea, USA and China have 4.292%, 2.742 and 2.1% respectively [7] .
Owing to the increasing competition among the researchers, especially the young ones, for their academic growth, preparing and planning a winning research proposal becomes very essential. A successful grant-winning application requires two key elements: (1) innovative research problem with best probable idea/plan for tackling it and (2) appropriate planning of budget. The aim of the present paper is to give an insight on funding agencies (from an Indian perspective) and key points for planning and writing budget section of a grant application.
2. What is the purpose of the budget plan in a grant application?
A budget is the quantitative expression of a financial plan for future expenses on the project in a given period of time [8] . Budget plan is a key element of a grant application. It demonstrates the required cost for the proposed project. It is a prediction of expenses and serves a plan for funders on how the organization will operate the project, spend the money in a given set of period and where their money will go. It shows the funders exactly what they can support and also helps the institution and investigating team in management of the project. Moreover, budget plan requires for accountability [9] .
3. Which are the funding agencies that sponsor health research in India?
Various national and international sponsoring agencies have identified health problems of priority for funding a research. Some of the leading funding agencies providing grant for health research including alternative systems of medicine in India are given in Table 1 . State Universities/deemed Universities also have a provision of funding for medical research.
Table 1
List of funding agencies those promote health research.
4. What constitutes a research project budget?
Proforma of the research grant applications and presentation of budget section may vary among the sponsoring agencies. However, major parts of budget plan in the applications of the above mentioned funding agencies are quite similar. The budget section is broadly divided into two categories: direct and indirect costs.
4.1. Direct costs:
These are the costs incurred specifically to carry out a project [10] . Direct costs include expenses towards personnel, materials, equipments, consumables and travel. These particulars are further categorized into recurring and non-recurring expenses on the basis of their occurrence during the study period. A brief description of the sub-sections under direct cost is given below:
4.1.1. Personnel:
Budget for personnel can be mentioned in this section in case human resources are required for the study and as per funding agency guidelines. Salaries with allowances can be budgeted for human resources such as site manager, research assistant, junior research fellow (JRF), senior research fellow (SRF), research associate, technician, data entry operator and attender. Most of the Indian funding agencies do not have a provision for salaries for the principal investigator (PI) and co-investigators (Co-PI). Ministry of AYUSH [11] and Rajiv Gandhi University of Health Science (RGUHS), Karnataka [12] provide one-time minimal fees for investigators and supporting staff respectively. There is a provision for salaries of investigators in Wellcome trust-DBT India alliance grants [13] .
4.1.2. Recurring expenses:
Recurring expenses are those which are variable and which keep on occurring throughout the entire project duration. Particulars categorized in this category are consumables, chemicals, glasswares, laboratory test charges, diagnostic kits, stationery, prints, photocopies, communication, postage, telephone charges, survey tools, questionnaires, publication charges, reprints, binding etc. Other expenses could be allowances for patients/participants, food charges and physician fees.
4.1.3. Non-recurring expenses:
Non-recurring expenses are those which are one-time in nature or which do not recur at regular intervals. Particulars included in this category are equipments or instruments with its accessories, software's, computer, printer, electrical and electronic items and accessories of the existing instrument in your lab. Percentage of budget allocated for equipment varies among the funding agencies from 25% to 90% of the entire budget. Some of the agencies do not have provision for equipment in budget. Vision Group on Science and Technology allocated their maximum grant (up to 90%) for development of infrastructure of laboratories [14] .
4.1.4. Traveling expenses:
Budget allocated for traveling can be used for attending meetings, conferences, workshops and training programs. Foreign travel is not allowed by any Indian funding agency. Traveling expenses for collection of data, survey and visit to other centers in multicentric study can be budgeted in this sub-section.
4.2. Indirect costs:
These are the costs which cannot be directly attributed to specific expenses of a project, but are required to run a project. It is also termed as overhead charges. Laboratory, electricity, water, library and other facilities are provided by the institution to run a proposed research project. Therefore, a fixed cost (usually) of about 5–15% of the total budget is provisioned as institutional overhead charges which goes to the institution directly. The range may, however, be flexible on the basis of the type of funding agency.
5. Budget justification
Most of the funding agencies require submission of a budget justification with all the items described above. Sometimes it is also called as budget narrative. Explanation of need for each line item in the budget with item-wise and year-wise breakdown has to be provided. Quantification of total costs of each line-item and document cost calculation should be done. When writing a budget justification, it is important to follow the same order as that in an itemized budget. For example, if equipment such as color doppler is required, then justify the need of a device with respect to the proposed methodology of the study. Similarly, for non-recurring expenses, breakdown the consumables item-wise and year-wise with its cost and calculation according to the protocol of the study and justify accordingly.
6. Budget summary
An item-wise and year wise summary of the total budget is usually required in most of the applications. Budget summary outlines the proposed grant and often (most of the format) appears at the beginning of the proposal. It should always be prepared at the end, after the grant proposal has been completely developed. A sample budget summary (as an example) for a proposed study for the duration of three years is shown in Table 2 . In the personnel section, a research fellow salary with allowances is budgeted year-wise. The salary of the research fellow for the first and second year is Rs. 2,30,000 per year (JRF) with an enhancement to Rs 2, 59,000 for the third year (SRF) as per the guidelines of the funding agency. As non-recurring expenses are one time in nature, a budget for equipment was budgeted only for the first year. Under the section of recurring expenses, more budgets are allocated in the second year for consumables because recruitment of subjects in large number will be done during the second year of the proposed study. Similarly, expenses toward travel, investigator fee and other miscellaneous costs year-wise have been budgeted. The emoluments and guidelines on service conditions for research personnel employed in research project by ICMR has been given in reference section [15] , [16] .
Table 2
Sample budget summary (year wise).
7. How to plan a simple research budget?
Planning of the research budget begins with an innovative research question, objectives and design of the study. Before starting to write a budget plan, it is essential to understand the expectations of funding agencies, University/Institute and the team of researchers. It is imperative to keep in mind that the research proposal will be reviewed by both scientific and financial (non-scientific) experts. Hence, the proposal should be prepared in such a way that it can be easily understood by even non-scientific experts.
Firstly, a list of what is essential and would add value for research such as focus of research, primary and secondary outcomes of the study, the source of the sample, study setting, sample design and sample size, techniques used to collect data, method of data analysis and available resources should be made [17] .
Secondly, the instructions, format of the application and rules of the funding agency should be read thoroughly. Budget specifications, limitations of recurring and non-recurring costs, and necessity of budget justification with cost breakdown should be checked. Note that one should not deviate or modify the proforma of the funding agency.
Thirdly, a list of items should be made and categorized into recurring and non-recurring expenses. Breakdown of the budget into item-wise and year-wise with cost calculation should be done. It should be ensured that costs are reasonable, allowable and related to the research proposal, so that the budget appears realistic. Travel expenses should be calculated as per the rules of the funding agency.
Fourthly, item-wise and year-wise justification of the requirement in a same sequence of format should be provided. A well-justified budget can enhance the evaluation of the research proposal by reviewers and funding body.
The last most important part is to review the budget and verify the costs and calculation. It is better, if other research team members can review the budget plan and re-calculate the costs thoroughly. Remember, too high budget and too low budget with respect to the research proposal are suspicious and chances of receiving a grant are less.
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How to Plan and Write a Budget for Research Grant Proposal
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To be a successful candidate for a research grant, you need perfect budget formulation and justification. Here, we will help you plan the research budget for your grant proposal and give you handy tips to transform it into a convincible form.
Budget as a Skeletal Support
Your budget is the skeleton of your grant proposal. It provides the estimated finance your research needs to be completed in a particular time range. It also gives the funders an exact knowledge about where their funds will be used and how will they be financed ( Asya, 2008 ). It is your responsibility to postulate clearly how you will manage the funds if granted. An excellent budget plan will compel your funders to assume that you have thought about every financial detail concerning your project.
Specific Terminologies to Know Beforehand
Certain wordings are preferred to convey your research budget information better. It is important to familiarize with them before constructing the budget section of the proposals. The lexis includes:
Direct Costs
These are the expenses that are utilized solely for executing your research. For example, expenses on your research staff members, tools, materials, and travel finance.
Facilities & Administrative Costs (Indirect Costs)
These are the overhead charges reserved for institutional facilities that you avail yourself while conducting your research. For example, institutional laboratory, electricity, and water usage costs.
Fringe Benefits
These are the additional benefits provided to the personnel, along with their basic salaries. Every institution has its own set of fringe benefits rates.
Research Consortium
It is a group of institutions that apply for a grant together as one. They have reached a grant agreement, and one of the institutions represents them all. The budget is divided between them.
Types of Budget
There are two budget designs used in the NIH grant applications. Specific points will decide the type of budget design form you have to use for your application. These are:
Modular Design Budget
Your budget design is considered modular when your research fulfills the following criteria:
- Your direct costs are equal to or less than $250,000 annually
- You are applying for research grants or their equivalents
- Your institution is located in the United States
Detailed Design Budget
Your budget design should be in detailed form if your research project fulfills any of the below-mentioned criteria:
- Your direct costs are more than $250,000 per annum
- You are applying for grants other than research grant type or its equivalents
- Your institution is situated outside the United States
For the modular design, you have to fill out the PHS 398 modular budget application form, and for the detailed design budget, you have to use the R & R detailed budget application form.
Planning your Budget
Your budget planning starts when you find the research question and decide on a suitable study design. You should also be able to guess the unpredictable charges that can arise while conducting your research ( Sudheesh, Devika & Nethra, 2016 ). There are five main points to keep in mind while planning your research budget:
Pin-point the Budget Essentials
Think about all the things that will affect your research budget. These are mainly the study design, testing procedures, sample collection methods, and research settings. The more complicated and unique these essentials will be, the higher will be your budget requirements. Also, observe the already present resources and will they benefit your research budget.
Follow the Instructions of the Funding Agency
The next point to consider while planning your budget is to abide by the budget rules and limitations of your particular funding agency. Read each instruction carefully and remember not to deviate from it. It is expected of you to provide the exact list of items necessary for your project.
Categorization of Each Item
Thirdly, a breakdown of each item into its related category should be made along with its cost. A breakdown of the budget item-wise and year-wise with cost calculation should be done. Point out the recurring and nonrecurring items that are directly related to your research. All this planning is done beforehand to ensure proper budget management.
Justification of Each Item
For every enlisted item, you should be able to provide a solid justification for its importance in your research. Only a well-justified budget document can win the confidence of the peer reviewers.
Review & Verification of the Budget Items
Reviewing is the most significant step for every document or proposal. You can ask your team members to review your budget document for you. Also, recalculate the cost of each item and the total items combined cost per annum. Keep in mind that too low or high budget will only raise suspicion in the mind of your reviewers. So, make sure you plan a research budget range, not more than the maximum limit set by your funding agency ( Michael et al., 2019 ).
Scripting your Budget onto the Grant Application
Projecting your finances into your application requires skills. When writing, we primarily divide our budget into two sub-sections. These include:
As mentioned before, these are the direct expenses on which your research is largely dependent. So, firstly, give the heading of direct costs and then further give the following subheadings with explanations.
Personnel Involved
If your research project involves resource team members, here is where you have to mention them. Your resource team includes the technicians, laboratory attendants, site caretakers, data entry personnel, junior researchers, and the senior researcher involved. Specify their allowances and salaries in an organized manner.
Recurring Expenditure
These expenses occur regularly and yet cannot be avoided. These include equipment usage, laboratory-conducted diagnostic tests, telecommunication charges, chemicals, and any other essential items. Fees for human subjects involved in your research are also stated here.
Non-recurring Expenditure
These are the costs of items for which you have to pay one-time charges, and then their use is free. These include buying charges for the printer, computer, or other electronic items. Once you buy them, they are charge-free. Thus, you have to specify all the non-recurring charges in your budget form.
Traveling Expenditure
In this subheading, specify the amount spent on your traveling for research purposes. Separately mention your traveling costs for attending research-related conferences, seminars, and training. Also, mention the travel expenses for the surveys and data collection. Visiting expenses to other institutions for the sake of a research study can also be mentioned here.
Indirect Costs
The second sub-section is indirect expenditure. It includes facilities that are indirectly related to your research project. These can be library facilities, electricity, and water usage for your experiments and test conduction. These are also called overhead charges that are paid specifically to the institution for providing such facilities ( Ahmed & Abdullah, 2017 ).
Budget Overview
In the final paragraph, write a short finalizing note relating your budget outlining the main point. This should be a 4 to 5-lined paragraph.
Budget Justification
Most of the funding agencies separately require justification for each item that you specified in your above-mentioned budget form. This document is also known as the budget narrative page. It reasons the importance of that item for your research conduction. Each item is mentioned in the same order as in your budget form and should be justified respectively ( Al-Jundi & Salah, 2016 ). It is best to make a three-columned table with the name of the item in the first column, the quantity and cost in the second column, and a justification statement in the third column.
Budget Summary
In the last, you have to provide a summarized form of your budget for your proposed research. It is written at the end when you have completed writing your whole application. In this, you have to specify every item with its cost per annum. The non-recurring items will only be specified under the first-year heading as they have a one-time expense. Likewise, the recurring items will be mentioned in both years, along with their costs.
Esthetical Considerations
The following points will enhance the esthetics of your budget section:
Headings & Bullet points
Writing the budget items under a categorized heading will make it easy for the reviewers to retrieve the necessary points in your budget. You can use bullet marks or checklist signs to highlight your main points. This will show the reviewers that you have the budget representation skills and that your enlisted budget finance is authentic.
Tabulations
Try to write your budget essentials in a tabulated form with three main columns. The first column represents the item name. The second column specifies the cost of that particular essential. The third column signifies the importance of your particular essential in performing your research. This will save both time and effort of reviewers who have to scrutinize many applications at a time.
Organization
The pattern you follow for each essential specification in the budget form should be followed in the same manner while writing the budget justification document. There should be a flow in your budget data and which will further enhance its esthetics.
Elementary Language
Your language should be simple enough to be understood by a common person. Complicated terms and phrases will only make it difficult for reviewers to reach your point of view.
Your budget prepares you for all the financial aids you need to conduct your research. It informs you about the expenses of each research item and method. In this way, you can choose an economical procedure for your research. The budget section is considered as the key factor of success or failure for your proposal. This section requires a skillful approach and should be handled delicately. Nowadays, research writers record their budget in the form of electronic spreadsheets. It is easy to manage the budget essentials and the expenses via these excel spreadsheets. You just need to point out and categorize the direct and indirect costs in the already drawn tabulated budget spreadsheet. Hence, you will be able to plan and compose a well-scripted budget by following the instructions given in this article.
- Al-Riyami, A. (2008, April). How to Prepare a Research Proposal. Oman Medical Journal , 23 (2), 66–69. http://europepmc.org/articles/PMC3282423
- Duggappa, D.R., Nethra, S.S. & Sudheesh, K. (2016, September). How to Write a Research Proposal? Indian Journal of Anaesthesia , 60 (9), 631–634. https://doi.org/10.4103/0019-5049.190617
- Burkhardt, J., Carlson, J.N., Gottlieb, M., King, A.M., Lee, S., Santen, S.A. & Wong, A.H. (2019, January). Show Me the Money: Successfully Obtaining Grant Funding in Medical Education. The Western Journal of Emergency Medicine , 20 (1), 71–77. https://doi.org/10.5811/westjem.2018.10.41269
- Al-Maniri, A. & Al-Shukaili, A. (2017). Writing a Research Proposal to the Research Council of Oman. Oman Medical Journal , 32 (3), 180–188. https://doi.org/10.5001/omj.2017.35
- Azzam, A. & Sakka, S. (2016, November). Protocol Writing in Clinical Research. Journal of Clinical & Diagnostic Research, 10(11), Z10–Z13. https://doi.org/10.7860/JCDR/2016/21426.8865
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Thesis, major paper, and major project proposals
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- Introductory section
- Literature review
- Methodology
Schedule/work plan
- Other potential elements
- Proposal references
- Ask for help
If you're unsure if your research proposal requires a schedule or work plan, please consult your project handbook and/or speak with your instructor, advisor, or supervisor.
The information about schedules or work plans in proposals was gathered from RRU thesis and major project handbooks, current in 2020, from programs in the Faculty of Social and Applied Sciences, the Faculty of Management, and the College of Interdisciplinary Studies. If the details here differ from the information provided in the handbook for your project, please follow the handbook's directions.
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- In RRU's Anxiety About Academic Writing guide, this resource is open to everyone.
How Do I Plan the Various Stages of My Research Project?
- In SAGE Research Methods: Planning and Practicalities, look for How Do I Plan the Various Stages of My Research Project? drop down option. Access via this link requires a RRU username and password.
Learning Skills: Time Management
- In RRU's Learning Skills guide, this resource is open to everyone.
What Do I Need to Know About Time and Timetabling?
- In SAGE Research Methods: Planning and Practicalities, look for the What Do I Need to Know About Time and Timetabling? drop down option. Access via this link requires a RRU username and password.
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Sample timetables
June-August 2016 | Data collection: OA effects on GRS to sucrose
September-December 2016 | Data collection: OA effects on learning and memory
January-February 2017 | Analysis of data and interpretation of results: potential follow-up experiment on how OA affects pollen-based learning
March 2017 | Analysis of data and interpretation of results: begin writing
April-May 2017 | Continued writing; presentation of thesis
The initial matings for this experiment will be completed by early November. Data on survival, developmental time, and adult morphological traits will be collected as nymphs reach adulthood, predicted to finish by the end of December. January through mid - March will be devoted to assessing male and female reproductive traits and analyzing the data. March through April will be used to complete data analyses and create the poster for the Nevada Undergraduate Research Symposium.
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Compile a research budget
Get started with your grant application budget plan..
TOP TIP: Each call has different guidelines for what may or may not be included within the budget for your project. Read your call guidelines carefully.
Where to start
Research Design = List resources that you need to conduct the project. Include your time, staff and non-staff resources such as field work, travel, research assistance or software.
Decide on a start date and project duration = The project start date (if your application is awarded) will depend on when you plan to submit your application and the assessment cycle of the funding body.
Consider the time required to recruit staff = If applicable, do you need staff at the start of your awarded project?
Devise a realistic budget plan according to the funder’s requirements and LSE’s financial regulations. Your Research Development Manager will help you compile your budget.
Contact us to compile your budget
Email your Research Development Manager .
8 costs to examine when preparing your project budget:
1. staff salaries.
Staff salaries are often the largest cost of the budget.
Allocate enough money for staffing costs and think about what staff roles the project requires.
How do I determine which level is appropriate?
Consider the amount of time you wish to spend on the project as well as the amount of research assistance and expertise required.
You may need administrative support if you plan on sending out a large number of questionnaires and have a lot of data entry to do. If the study is complex, you may want a senior research fellow with previous experience. It will cost more but it will be an expense worth paying for.
View research staff role profiles
View salary scales
Extra staff costs
In addition, there will be extra costs to include, such as:
- recruitment advertising
- redundancy expenses
- pension costs
- national insurance contributions
Named staff
Follow School procedures for including named staff in proposals. If you have a specific person in mind, contact your Research Development Manager .
Check local practice with your Department/Centre Manager as additional procedures on staffing salary levels may apply.
2. Indirect costs
Indirect costs can include:
- estates costs and institutional overheads
- the cost of using an office
- facilities such as HR, IT support and library services
Often a funding body will only pay a contribution towards these. Research and Innovation will calculate these costs based on a standard full economic costing.
To add these costs to your budget, email the Research Development Team .
3. Equipment
This could include items such as a digital recorder or a laptop for carrying out field work.
Some equipment may not be eligible depending on the funder’s regulations.
For example, the Economic and Social Research Council (ESRC) will normally expect a computer to be provided by the host institution.
There are some exceptions - funding may be considered if a standard computer is not adequate for processing vast amounts of data.
Justify equipment explicitly in your proposal. Contact us for further advice.
4. Consumables
Examples of standard project running costs include:
- printed brochures for dissemination events
- tea, coffee, lunch for meetings etc.
- postage and stationery
- photocopying
- computer supplies (toner)
5. Travel and subsistence
A project may require travel costs to allow you to:
- carry out field work
- attend a conference
- present findings for dissemination purposes
- meet co-investigators working on the project
Example travel costs
Estimate your budget with LSE's example cost guidelines .
Calculate travel rates to cover the cost of subsistence and accommodation as well as flights and train costs.
Some funding bodies have set criteria of what they are prepared to cover and may apply funding caps. For example, no business class flights; economy travel only.
Tell your Research Development Manager :
- total number of trips needed
- number of people who need to travel
- year in which each trip will be taken
6. Justification of resources
A common component of a project is the ‘justification of costs’, sometimes referred to as ‘resource allocation’. It's essential to spend time making this section clear.
Expensive items
If an expensive item of equipment is crucial for the project, state how it will be used and why alternative options are not viable.
Staff costs
The same rule applies for the inclusion of those people who have specialised expertise – please state:
- what these staff will be doing
- why less costly options are not viable
Discuss your costs with the Research Development Team .
7. Research Grants Policy (formerly Research Incentives Policy)
The Research Grants Policy provides financial rewards for staff who win research funding – to enhance their salaries, to buy out their time from teaching and/or to provide unencumbered research funding – and research funding for the departments and research centres which host them.
It came into full effect from 1 August 2021 and applies partially to awards falling prior to this date but after the suspension of its predecessor, the Research Incentives Policy, in June 2020. View the Research Grants Policy
The Research Incentives Policy was suspended in June 2020 and remains active only for eligible legacy projects. It has been replaced by the Research Grants Policy. View the Research Incentives Policy
8. Ineligible costs
Each call has different guidelines for what may or may not be included within the budget for your project.
Read call guidelines. If in doubt, check details with your Research Development Manager in the Research Development Team.
Contact us Get in touch today to discuss your research idea or project
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Top 5 Research Timeline Samples with Templates and Examples
Ashima Monga
When it comes to doing a thesis, project report, or dissertation, you spend lots of time doing research through case studies. It, however, always works best if you planned everything in a given timeline. Thus, a research timeline template is beneficial for writing a research report or project presentation for sponsors or investors.
To address this pain point of business, SlideTech offers you invaluable help in building innovative research timeline templates that give you the outline to create perfect project reports, add or remove new tasks and milestones, and change the deliverable dates of your project with a few clicks. Our templates provide an overview of the project plan’s events, highlight important points in time, break down the project’s agenda and distill important information about your products or services, etc.
In this blog, we are introducing our top-notch research timeline templates that are perfect for telling stories and visualizing the processes of your project.
Template 1: Projected Research Timeline Milestone PPT PowerPoint Presentation Ideas Backgrounds
If you need to learn how to make a research document and set schedule activities for each step, then use this fantastic research template that encompasses the content of a well-maintained research paper. Organize your activities and map meetings according to project milestones with this expert-curated template. For instance, use this template to mark out when your ‘reading and research starts and mark it as task 1, with the color-coded legend. Then task 2 could be topic presenting that starts, as soon as task 1 ends. Then, topic interpreting can be task 3 with the same start as the work on the topic started. This editable template lets you change font styles and color themes with a few clicks.
Download Now!
Template 2: Projected Research Timeline Elements PPT Presentation Infographic Template Skills
When you introduce your new products and services to the customers, get this template where steps are needed to analyze, plan, design, implement, and evaluate a specific product. Adapt this PPT Template to give a comprehensive overview of your products to target audience that you value. This handy template design guides your project from inception to completion dividing your project research tasks into Elements, Tasks and Actions.
Template 3: Projected Research Timeline Planning PowerPoint Presentation Icon Backgrounds
Manage your planning with this PPT Template design to complete your project research, enlist tasks or activities with its deadline. You can measure the activities you planned through it by going to the timetable you set and evaluating the work progress. Business owners can easily visualize data with customizable maps, widgets, graphs, and charts. The phases are also listed out in detail in this template.
Template 4: Dissertation Projected Research Timeline Analysis PPT PowerPoint Presentation Professional
Fashionably present your research project through this ready-made Presentation Template and keep track of project deadlines. This goal- oriented template breaks down your project’s events or tasks in chronological order, giving a high-level view of the project's planning and reflecting your business plan. Use color hues for each task that differentiate each task from others on the timeline, schedule prioritize tasks, and make information more visual.
Template 5: Dissertation Projected Research Timeline Research PPT PowerPoint Presentation Topics
Grab this research timeline to illustrate and represent roadmaps for your project and highlight the planning process’s goals and tasks over a specific period. Color-coding of this template makes your design more readable, differentiating tasks, defining specific daily, weekly, or monthly activities, etc. The project manager can visualize processes and their status quo and also create natural flow of information among team members.
The Final Word
Running a business smoothly is a very tricky job and sometimes may be hard to manage. Our beautifully crafted research timeline templates provide the most solid foundation that builds something genuinely remarkable for your business that will captivate your audience, stakeholders, investors, etc. Our research timeline templates communicate the business’s core message clearly and emphasizes timely project delivery to your potential customers. You can always modify our templates to fit your business’s needs.
FAQs on Research Timeline
What is a research timeline.
A research timeline is an essential part of any project proposal. It defines the chronological order of events of your project plan that includes aspects such as reading & research, analysis results, milestones, preliminary data results, literature review results, etc. It gives a broad overview of your project’s planned activities at a glance.
How do you write a research timeline?
Writing a research document for any project comes with levels of complexity. You must follow some guidelines while writing a research timeline to keep yourself on track. Write the research timeline of the project in stages and give enough time to complete every step of your work.
- Define research ideas, objectives, and resources and then prepare the research proposal.
- Develop a research design for it
- Capture relevant information to create a sampling plan
- Carry out data collection to write it up
- Prepare data for analysis and draw conclusions or recommendations
- Write the final draft of the application.
- Again, review it and edit it if required and submit the final research proposal.
How long should a research timeline be?
A research timeline project can be eight weeks, six months, one year, two years, three years, or more, depending on the requirement of the project proposal. But it would help if you remembered to complete it timely while planning these periods.
How do you write a PhD research timeline?
A PhD Research Timeline is a challenging process that spans across years. Sometimes, researchers can feel quite overwhelmed. Some tips for writing a perfect PhD research timeline are:
- Decide what elements like data collection, fieldwork, experiments, data analysis, writing plan, conferences, publications, coursework, etc., you must include in your PhD research timeline.
- Share or discuss your ideas and thoughts with your guide or PhD supervisor and get their views. Note the discussion points during the meeting and edit your provisional PhD research timeline, accordingly.
- Think about the design of your PhD research timeline and prepare it across tasks and milestones.
- Track your tasks and update your PhD research timeline to prioritize tasks and set achievable and concrete goals when needed.
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The Budget Lab at Yale Launches to Provide Novel Analysis for Federal Policy Proposals
The Budget Lab at Yale , a nonpartisan policy research center, launched on April 12 to provide in-depth analysis for federal policy proposals impacting the American economy. For too long, according to the center’s founders, policy analysis has been narrowly focused on short-term cost estimates, or traditional budget scores, according to the center’s founders. The Budget Lab aims to fill a critical gap in policy evaluation, particularly focusing on the long-term effects of proposed policies on the economy, the income distribution, and recipients. The Budget Lab’s initial analysis , released today, examines both the Tax Cut and Jobs Act (TCJA) and the Child Tax Credit (CTC) through this broader lens.
The Budget Lab is co-founded by leading economic advisors and academics whose goal is to bring fresh ideas and new methods to policy making.
- Natasha Sarin, Co-founder and President, is a Professor of Law at Yale Law School with a secondary appointment at the Yale School of Management in the Finance Department. She served as Deputy Assistant Secretary for Economic Policy and later as a Counselor to the U.S. Treasury Secretary Janet Yellen.
- Danny Yagan, Co-founder and Chief Economist, is an Associate Professor of Economics at UC Berkeley and a Research Associate of the National Bureau of Economic Research. He was the Chief Economist of the White House Office of Management and Budget.
- Martha Gimbel, Co-founder and Executive Director, is a former Senior Advisor at the White House Council of Economic Advisers, Senior Policy Advisor to the U.S Secretary of Labor, and Senior Economist and Research Director at Congress’s Joint Economic Committee.
“For many of the greatest policy challenges of our time — investing in children, combating climate change — their most important impact is not on short-run GDP. We need to understand the effects on poverty, on emissions reduction, on the income distribution,” said Sarin. “We are excited to share the tools we have built to analyze the fiscal and social impacts of government policies so policymakers can make better choices.”
The Budget Lab’s work will look at issues not included in current budget policy assessment methods, particularly in evaluating the full scope of costs and returns related to policies including the child tax credit, tax cuts, paid family leave, deficit reduction, and universal pre-K. The Lab’s innovative approach bridges this gap by offering a combination of existing open-source models and our microsimulation tax model to provide fast, transparent, and innovative estimates that unlock deeper insights.
“Our approach implements a new lens to improve existing conventions for distributional impacts by showing how policies affect families over time,” added Yagan.
One key aspect of the Budget Lab’s commitment to transparency is its open-access model code. The code used to produce analysis is publicly available, fostering trust and allowing policymakers to understand how the Budget Lab arrives at its results. It also allows for the infrastructure of the budget model the team is developing to be leveraged by others interested in similar analysis.
“Our aim is to provide rapid responses to important policy questions with the ability to think not only about the costs of policies but also about benefits and the return on investments,” said Martha Gimbel. “Our tax microsimulation model, budget estimates, and interactives will paint a broader and more realistic picture of how Americans will benefit from proposed government initiatives.”
The Budget Lab is hosting a launch event at the National Press Club on April 12 where the leadership team will share new research on budget scoring for TCJA and CTC. The event will include remarks by Shalanda Young, Director of the Office of Management and Budget and a panel discussion with Joshua Bolten, former Director of the Office of Management and Budget and White House Chief of Staff for President George W. Bush; Doug Holtz-Eakin, former Director of Congressional Budget Office and economic policy advisor to Sen. John McCain; and will be moderated by Greg Ip of The Wall Street Journal .
Budget Lab Team
In addition to the Budget Lab co-founders, the team includes leading economists who have extensive experience in the public sector.
Ernie Tedeschi, Director of Economics, was most recently the chief economist at the White House Council of Economic Advisors. Rich Prisinzano, is the Director of Policy Analysis, previously served at the Penn Wharton Budget Model and for over a decade as an economist in the Office of Tax Analysis in the U.S. Department of Treasury. John Ricco, Associate Director of Policy Analysis, is an economic researcher with a decade of experience building microsimulation models to inform public policy debates and was formerly with the Penn Wharton Budget Model and also a research analyst at the International Monetary Fund. Harris Eppsteiner, Associate Director of Policy Analysis, was a Special Assistant to the Chairman and research economist at the White House Council on Economic Advisors.
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Budget 2024 Fairness for every generation
The 2024 federal budget is the government’s plan to build more homes, faster, help make life cost less, and grow the economy in a way that helps every generation get ahead.
How our economic plan can help you
Buy or rent a home.
We’re turbocharging the construction of homes across the country, and protecting the rights of renters, first-time buyers, and homeowners.
Tax-free First Home Savings Account
Over 750,000 Canadians have opened an account to save for their first down payment, and save faster with the help of tax relief.
Protecting Renters’ Rights
Our new Canadian Renters’ Bill of Rights will protect renters from unfair practices, make leases simpler, and increase price transparency.
Enhancing the Canadian Mortgage Charter
The Canadian Mortgage Charter is helping to protect homeowners who are struggling with rising mortgage payments. We are enhancing it to make it easier for younger Canadians to buy their first home, by making sure renters get credit for their rent payments and allowing up to 30-year mortgage amortizations on new builds for first-time home buyers.
Raise your family
Transforming Canada’s social safety net to help young parents with the cost of raising a family.
National School Food Program
A new National School Food Program will ensure that children have the nutritious meals they need to succeed and get a fair start in life.
More $10-a-day Child Care Spaces
We’re on track to securing Canada-wide $10-a-day child care in every province and territory by 2026, and fees have already been cut by 50 per cent everywhere, saving families thousands of dollars. We’re building more spaces and training more early childhood educators to ensure every family can access affordable child care.
Dental Care for Canadians Who Need It
The Canadian Dental Care Plan is already rolling out for uninsured Canadians with a family income of less than $90,000, to ensure everyone can afford the dental care they deserve. By 2025, nine million Canadians will be covered.
Get a good-paying job
Creating new opportunities for younger Canadians to get the education and skills they need for good-paying jobs.
Increasing Interest-Free Student Loans
Increasing Canada Student and Apprentice Loans and Grants, because everyone who wants to go to school should have the support they need to cover the costs.
More Work Experience and Skills Training for Youth
Helping young Canadians develop the skills and gain the work experience they need to achieve their dreams and get a good-paying job.
Canadian Apprenticeship Strategy
Supporting skilled trades workers by tooling up training programs and creating more apprenticeship positions to ensure young apprentices succeed.
Afford everyday essentials
Helping Canadians keep more of their money and build a better life by stabilizing the cost of everyday essentials.
Stabilizing the Cost of Groceries
Enhancing competition and monitoring grocers’ work to help stabilize prices, and lowering costs for the farmers who grow our food.
National Pharmacare Program
New programs to help with the cost of going to the dentist and pharmacy, including the cost of contraceptives and insulin, will further ease the financial burden on Canadians.
Cheaper Internet, Home Phone, and Cell Phone Plans
Lowering costs of plans, reducing junk fees, and giving Canadians more choice to switch providers and find better deals.
Retire safely and securely
After a lifetime of working hard—Canadians deserve to know they will be secure and comfortable in retirement.
A Stronger Canada Pension Plan
Enhancing the CPP to increase pension benefits by up to 50 per cent.
Supporting Long-Term Care
Advancing the Safe Long Term Care Act to support new national long-term care standards.
Bigger Benefits for Seniors
Increased Old Age Security and Guaranteed Income Supplement ensures seniors have the financial support they need in retirement.
Budget 2024 highlights
750,000+ Tax-Free First Home Savings Accounts opened by Canadians
Solving the Housing Crisis: Canada’s Housing Plan
Unlocking 3.87 million net new homes by 2031, to ensure everyone can find an affordable place to call home. And, we’re making it easier to rent while saving for that first home.
- Changing how we build homes
- Unlocking 250,000 new homes on public lands
- The strengthened Canadian Mortgage Charter
Learn more about making homes more affordable .
Fairness for younger generations
The government is helping restore fairness for Millennials and Gen Z by making education, housing, and the everyday costs of living more affordable.
- Increasing student grants and loans to keep up with the costs of an education
- Launching a new Youth Mental Health Fund for access to support they need
- Providing job placement and employment support opportunities through the Youth Employment and Skills Strategy
90,000 new job opportunities for youth
Investing $2.4 billion to secure Canada’s AI advantage
Economic growth and productivity
Budget 2024 makes investments in innovation, growth, and increased productivity in Canada.
Budget 2024 includes new measures to accelerate job growth in Canada’s AI sector and beyond, boost productivity by helping researchers and businesses develop and adopt AI, and ensure this is done responsibly.
- Investing in Canada’s AI ecosystem
- Enhancing research support with $1.8 billion more in core research grant funding
- Creating the Canadian Entrepreneurs’ Incentive
Learn more about the government’s plan to enhance innovation and productivity in Canada .
Unlocking 3.87 million new homes by 2031.
Over 1.1 million more Canadians employed today than before the pandemic.
Affordable child care is supporting a record high 85.4% labour force participation rate for working aged women.
Economic and Fiscal Overview
The state of canada’s economy.
The Canadian economy is outperforming expectations. Both the IMF and the OECD project Canada to see the strongest economic growth in the G7 in 2025. In the face of higher interest rates, Canada has avoided the recession that some had predicted. Headline inflation has fallen significantly from its June 2022 peak of 8.1 per cent to 2.8 per cent in February 2024.
Chart 6 Consumer Price Inflation Outlook
Note: Last data point is 2024Q4.
Sources: Statistics Canada; Department of Finance Canada March 2024 survey of private sector economists.
Economic and Fiscal Projections
We’re asking the wealthiest to pay a bit more, their fair share, to keep taxes lower on the middle class, and ensure the next generation inherits not more debt, but Canada’s prosperity.
Budget 2024 is investing in fairness for every generation while delivering on our fiscal objectives. Canada is maintaining the lowest net debt- and deficit-to-GDP ratios in the G7, preserving Canada’s long-term fiscal sustainability.
Chart 21 Federal Debt-to-GDP Ratio Under Economic Scenarios
Sources: Department of Finance Canada March 2024 survey of private sector economists; Department of Finance Canada calculations.
Improving Tax Fairness for Every Generation
Tax fairness is important for every generation, and it is particularly significant for younger Canadians.
To make the tax system more fair for 99.87 per cent of Canadians, the inclusion rate for capital gains—the portion on which tax is paid—for the wealthiest with more than $250,000 in capital gains in a year will increase from one-half to two-thirds. Only 0.13 per cent of Canadians with an average income of $1.42 million are expected to pay more personal income tax on their capital gains in any given year.
Principal residences will continue to be exempt from capital gains.
Chart 8.4 Canada Has the Lowest Marginal Effective Tax Rate in the G7
Backgrounders
- Key Measures (available in non-official languages)
- Key Measures
- More Affordable Homes
- A Stronger Social Safety Net
- Fairness for Younger Generations
- Economic Growth and Productivity
- Growing Small Businesses
- Safer, Healthier Communities
- A Fair Future for Indigenous Peoples
- Tax Fairness for Every Generation
Related documents
- News Release
- Address by the Deputy Prime Minister and Minister of Finance
- Canada’s Consumer-Driven Banking Framework
- Statement and Impacts Report on Gender, Diversity, and Inclusion
- Legislative Measures
- Tax Measures: Supplementary Information
PDF downloads
Page details
Federal Budget 2024: Ottawa targets capital gains for billions in new revenue
Deputy Prime Minister and Minister of Finance Chrystia Freeland tables the federal budget in the House of Commons in Ottawa on April 16. The Liberal government has already unveiled significant planks of the budget, including billions of dollars to build more homes, expand child care and beef up the military. Adrian Wyld/The Canadian Press
The Liberal government unveiled a budget with billions in new spending, paid for in part by significant capital-gains tax changes, gambling that appealing to younger voters with an ambitious housing plan is worth the cost of upsetting those calling for stronger fiscal discipline.
The 2024 federal budget lays out about $53-billion in new spending over five years, with $19-billion going toward a package of housing and affordability policies that Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland mostly revealed through a series of cross-country announcements in recent weeks.
The budget also includes other big-ticket items, including $10.7-billion for defence, $9.1-billion for Indigenous communities and $6.4-billion for community health and safety measures.
The new spending on housing and affordability measures is expected to be offset by the first change to capital-gains taxes in 25 years, which the budget indicates will generate about $19-billion over five years.
The housing plan was developed as public opinion polls consistently show the governing party trailing well behind the front-running Conservatives, whose Leader, Pierre Poilievre, has been campaigning for months on promises to tackle Canadians’ housing and cost-of-living concerns.
Finance Minister Chrystia Freeland's latest budget projects spending of $535 billion this year, with a deficit of $39.8 billion. She says the spending plan is aimed at creating generational fairness, which will be funded, in part, by changes to capital gains taxes. (April 16, 2024)
The Canadian Press
The minority government Liberals also need to keep delivering on NDP priorities such as pharmacare and dental care in order to maintain a parliamentary agreement between the two parties.
In her budget speech to the House of Commons, Ms. Freeland said the tax increases show the federal government is approving new spending in a prudent fashion.
“As we invest with purpose for the benefit of our younger generations and those who love them, we continue to stick to a responsible plan,” she said, portraying the government’s plan as one that takes on powerful interests in order to find the money needed to support younger generations.
“Today it is possible for a carpenter or a nurse to pay tax at a higher marginal rate than a multimillionaire. That isn’t fair. That must change, and it will,” she said, pledging that 99.87 per cent of Canadians will not be affected by the changes.
Mr. Poilievre described the budget as the Liberals doubling down on their past habits, noting that all of Mr. Trudeau’s budgets have included new programs funded by debt.
He described the spending plan as a “wasteful, inflationary budget.”
Capital gains as a share of gross income
By income percentile
Capital gains
Wages and other income
THE GLOBE AND MAIL, SOURCE: BUDGET 2024
To underscore his point, Mr. Poilievre pointed out that the budget projections show debt-servicing costs will be larger than the federal share of health care costs. During this budget year, health transfers account for $52.1-billion while debt charges will rise to $54.1-billion. “That’s money for bankers and bondholders rather than doctors and nurses,” Mr. Poilievre said.
The Conservatives declined to outline their position on the capital-gains tax changes.
NDP Leader Jagmeet Singh, who has long called for higher taxes on big corporations, said the tax increases don’t go far enough.
“The Liberals failed to use the opportunity they had to take on corporate greed,” said Mr. Singh, who also sought to take credit for many of the new measures, including pharmacare, a new school food program and housing policies.
The government’s major hike in revenue will come from changes to the capital-gains tax rules. A capital gain is the profit an individual or a business earns when they sell an asset, such as stocks or property.
Tuesday’s budget states that as of June 25, the inclusion rate – the portion on which tax is paid – will rise from one-half to two-thirds on capital gains realized by companies. The increase will also apply to individuals, but only on capital gains above $250,000.
The lifetime capital-gains exemption for Canadian small-business owners who sell their companies will rise from $1-million to $1.25-million. The total capital-gains exemption from the sale of a principal residence will not change.
There is also a new Canadian Entrepreneurs’ Incentive that proposes a lower lifetime capital-gains inclusion rate for qualifying businesses under certain conditions.
Canadian Federation of Independent Business president Dan Kelly said the package of changes creates winners and losers and will likely create strong pushback from business owners. He said many doctors, who operate as independent businesses, could be negatively affected.
“This is going to be an electrifying issue,” he said, comparing the coming battle with the pushback over small-business tax changes in 2017 that forced the Liberal government to water down its original plans.
Ms. Freeland acknowledged in her speech that the capital-gains changes will be controversial.
“I know there will be many voices raised in protest. No one likes paying more tax, even – or perhaps particularly – those who can afford it the most,” she said. “Tax policy is not only, or chiefly, the province of accountants or economists. It belongs to all of us – because it is how we decide what kind of country we want to live in and what kind of country we want to build.”
In the lead-up to the budget, Ms. Freeland said the spending plan would stay within the fiscal framework she outlined in November. The budget meets that by the slimmest of margins. In 2023-24 the deficit is expected to be $40-billion, just shy of the $40.1-billion ceiling set in the fall.
The budget forecasts smaller deficits each year, declining to $20-billion in 2028-29, but there is no timeline for balancing the books.
The debt-to-GDP ratio, another key metric of fiscal health, is projected to improve slightly from 41.9 per cent this fiscal year to 39 per cent in 2028-29.
“This budget is another swing of the tax-and-spend policy hammer,” Bank of Montreal senior economist Robert Kavcic said, adding the government has passed over an opportunity for fiscal consolidation in favour of more spending.
Queen’s University adjunct professor Don Drummond, a former senior Finance Department official, said it’s a “delicious irony” that the Liberals present the budget as a gift to young Canadians.
“How does piling on debt, which they’ll have to manage, help young people?” he said. “They’re the ones that are going to have to pay that bill. That’s a future tax liability on them.”
Some economists expressed surprise at the size of new revenue the federal government hopes to collect.
“I’m blown away by the magnitude of the tax increase,” said Bank of Nova Scotia economist Rebekah Young, who described the size of spending as comparable to pandemic-era budgets.
“The budget clearly makes the Bank of Canada’s job more difficult,” she added, referring to the increase in spending.
Bank of Canada Governor Tiff Macklem, who has raised interest rates in an effort to curb inflation, will be watching the budget closely as he and his team debate when rates can be reduced.
Statistics Canada reported Tuesday that the consumer price index rose 2.9 per cent in March from a year earlier, up from 2.8 per cent in February. The figures prompted market speculation that rate cuts could begin as soon as June.
David Macdonald, senior economist with the left-leaning Canadian Centre for Policy Alternatives, called it a “go big or go home housing budget” and said most Canadians will not be affected by the tax increases required to pay for the spending.
“The folks at the high end are very interested in not having it go through and so they will use all the means at their disposal through their connections with MPs, connections with accountants and tax lawyers, to do everything they can to stop this,” he said.
In addition to tax changes, the budget includes modest cost-savings efforts.
The government said it will save $3.9-billion over 10 years by selling off underused federal properties and accelerating the end of leases on rented building space. It said Ottawa has more than six million square metres of office space of which an estimated 50 per cent is underused or vacant. This initiative is expected to save $900-million on a continuing basis after the first decade of savings is over.
The budget also announced the second phase of a cost-savings exercise directed by Treasury Board President Anita Anand. It will save money by eliminating positions after public servants retire or quit and will cut 5,000 full-time equivalent positions in this manner over four years. The size of the public service has grown by more than 100,000 employees since 2015, from 257,034 to 368,000 as of March 31.
Starting on April 1, 2025, Ottawa will require federal public-service organizations to cover increased operating costs from existing resources. Together this is estimated to save $4.2-billion over four years, starting in 2025-26, as well as $1.3-billion a year afterward.
With reports from Steven Chase and Marie Woolf
Editor’s note: A previous version of this article incorrectly stated that the current tax rate on capital gains is 50 per cent. The current inclusion rate for capital gains is 50 per cent. This version has been updated.
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Writing a Proposal Budget . Presented by the Office of Research, Sponsored Programs ©2013-2014 University of California Regents, Davis Campus Updated 5/2013 . Table of Contents ... the research would generally qualify, but travel costs to attend a conference on a topic not related
Research proposal examples. Writing a research proposal can be quite challenging, but a good starting point could be to look at some examples. We've included a few for you below. Example research proposal #1: "A Conceptual Framework for Scheduling Constraint Management" Example research proposal #2: "Medical Students as Mediators of ...
A good budget shows the assessors that you have thought about your research in detail and, if it is done well, it can serve as a great, convincing overview of the project. Here are five steps to create a simple budget for your research project. 1. List your activities. Make a list of everything that you plan to do in the project, and who is ...
1 Identify your tasks and deliverables. The first step in estimating your budget and timeline is to break down your research project into manageable tasks and deliverables. Tasks are the ...
close to proposal submission) 14) Finalize proposal budget and well-defined justification s (e.g., program officers) 12) Know your potential reviewers (your audience) 3) Target agencies based on their objectives and how they relate to your specific project 4) Research targeted agencies to insure a good fit with your project
Some sponsors guidelines may require budget information based on the "percent time" format while proposals submitted through Grants.gov's using SF424 R&R budget form require calculations based on "man months". Percent Time Time commitments on proposed projects can be expressed as a percentage of an individual's time. Man Months
Breakdown of the budget into item-wise and year-wise with cost calculation should be done. It should be ensured that costs are reasonable, allowable and related to the research proposal, so that the budget appears realistic. Travel expenses should be calculated as per the rules of the funding agency.
This article describes strategies for developing a budget for a research proposal. Get full access to this article. View all access and purchase options for this article. Get Access. References. Bergstrom, N., & Baun, M. M. (1994). The proposal-reality gap: The mechanics of implementing a funded research proposal.
Your budget design should be in detailed form if your research project fulfills any of the below-mentioned criteria: Your direct costs are more than $250,000 per annum. You are applying for grants other than research grant type or its equivalents. Your institution is situated outside the United States.
research proposal budget template project name date created research organization last updated fy1 rate fy1 hrs fy2 rate fy2 hrs fy3 rate fy3 hrs fy4 hrs fy4 rate
Template 6 - Determine Budget for Psychology Research Proposal One-Pager Sample Example Document. This presentation template is an easy-to-use tool for determining the budget required for psychology research. With this slide, you can allocate a budget for each area, including diagnostic assessment, training, technology and tools, supplies ...
This is Part 3 of a four-part series on proposal writing for qualitative research. Please read the introduction, and Parts 1 and 2 of this… 6 min read · Sep 25, 2019
Research Project Timeline Example 1 Stage Activity Estimated duration Start date End date Deliverable Comments Research design and planning Develop research design Finalise research problem/questions Confirmed research problem/questions Draft research design section for final report Prepare research proposal Research proposal/ethical approval
Though not always required, the schedule or work plan in a research proposal identifies the target dates for significant actions or stages in the proposed research. By identifying timelines, project goals, and due dates, both you and your advisor(s) will be able to evaluate if the proposed schedule is achievable within the required time frame ...
1 Identify your main objectives. The first step to create a timeline for your research proposal is to identify your main objectives. These are the specific, measurable, and achievable goals that ...
7/4/16-8/13/16. Will be completed during the summer over 6-7 weeks. Laboratory preparation of samples for analysis. 8/15/16-11/5/16. Approximate and based on certain physical characteristics of the sample such as carbonate content and organic content. Laboratory analysis.
Tell your Research Development Manager: total number of trips needed. number of people who need to travel. year in which each trip will be taken. 6. Justification of resources. A common component of a project is the 'justification of costs', sometimes referred to as 'resource allocation'.
Submission page for additional information. The Budget FAQs can be found in the Proposal Sections topic on the left navigation menu. 1. Access the proposal Budget section. Option #1 - Accessing the Budget section from the Proposal Main Page . Click the Budget(s) link Before you add information to Budget section, the Compliance Status is Form ...
The Importance of a Research Timetable. A research timetable is an essential tool for guiding and monitoring the progress of research projects. It serves as a framework for allocating tasks, allocating time, setting deadlines, and ensuring the project's successful completion. The benefits of creating and maintaining an accurate Research ...
Take Several Months to Prepare a Research Proposal. On average, the preparation of the paper can take around several months, don't wait until a couple of days before the deadline. Prewrite during Phase 1. This phase takes 14 to 26 weeks until the ending date.
Medical Research Budget Template. researchamerica.org. Download. A research proposal budget sample is in many ways similar to the research budget sample, only that at this stage, it is still a proposal. This sample is often written in a linear or tabular format and it details all the expenses that are associated with the proposal project.
Template 1: Projected Research Timeline Milestone PPT PowerPoint Presentation Ideas Backgrounds. If you need to learn how to make a research document and set schedule activities for each step, then use this fantastic research template that encompasses the content of a well-maintained research paper.
The Budget Lab at Yale, a nonpartisan policy research center, launched on April 12 to provide in-depth analysis for federal policy proposals impacting the American economy.For too long, according to the center's founders, policy analysis has been narrowly focused on short-term cost estimates, or traditional budget scores, according to the center's founders.
Our Budget requests $816 million for the Institute of Education Sciences, an $8 million increase above the FY 2023 enacted level and $22 million above the FY 2024 enacted level, to conduct, provide and share research and scientific evidence in education.
Budget 2024 Fairness for every generation The 2024 federal budget is the government's plan to build more homes, faster, help make life cost less, and grow the economy in a way that helps every generation get ahead.
Housing, defence and technology research all receive significant funding in the budget, amounting to about $53-billion in new spending over five years; capital-gains changes are expected to raise ...
Budget 2024 proposes to provide $190.9 million over five years, starting in 2024-25, with $0.1 million in remaining amortization, to Health Canada and Environment and Climate Change Canada to reduce human and environmental exposure to harmful chemicals through its Chemicals Management Plan, which protects Canadians from being exposed to some ...