Transcript CCRep
Creating and Justifying Your Research Budget Ruth Withers Project Manager Research for Better Health Outcomes July 30, 2010 I have a research plan – How do I create my budget and then justify it to the funding agency? Innovation Fund Budget Details Required: • Personnel • Consumables (supply quotes) • Professional Services (supply breakdown) Keep in Mind… You cannot apply for funding from the Innovation Fund for: • Equipment • Travel “Applicants should note that it is important to calculate budgets accurately, as requests for additional funding will not be approved” How do I go about getting accurate costings for my project? Obtaining Quotes • Obtain quotes from the source you intend to purchase them from • Ensure quotes for procedures are in writing and ensure supplier has the ability to provide the service. Obtaining Quotes • Obtain accurate FTE and salary figures • Do not rely on quotes obtained for previous funding applications – Prices change How do I justify my costs to the funding agency? Budget Justification Example 1: Communication Costs - $1,000 $1,000 for communication costs. Patient Transportation Costs - $2,000 Costs for participant parking. Budget Justification Example 2: Communication Costs - $620 Researchers will be provided with a cellphone for use during the active recruiting phase of the study. The budget includes the initial cost for the phone ($200), the monthly plan costs for 6 months ($40/month) and estimated call costs for 6 months ($30/month). Budget Justification Example 3: Participant Transportation Costs - $2,500 500 visits at Middlemore Hospital with $5 parking per visit - $2,500. Budget Justification Example 4: Study Coordinator - $31,500 Study Coordinator employed for 0.6 FTE for 9 months at $70,000. The Best Way to Budget… Get Help! Contacts: Ruth Withers – Project Manager, CCRep Murray Farnsworth – Finance Manager, CCRep Innovation Fund Application Issues Common Process Issues • Not using the application form. • Non-CMDHB employees applying for funding. • Not obtaining accurate statistical advice. Common Application Issues • Poor description of the work and how it answers the research question • Not obtaining the necessary signatures (All investigators, Divisional General Manager and Clinical Head) • Not supplying the original signed version with the application. IMPORTANT 1. Keep to page and word limits 2. Use the correct font – Arial 11+ 3. Use the checklist 4. Submit the correct number of copies (4 including the original) The best advice… Get Help! Ruth Withers – [email protected] Stuart Ryan – [email protected] Irene Zeng – [email protected]