How do I budget for research grants?
Budgeting for research grants involves estimating costs for personnel, materials, and overhead. What specific area do you need help with?
I need to know how to estimate personnel costs.
To estimate personnel costs, consider salaries, benefits, and the time each team member will dedicate to the project. Do you have specific roles in mind?
Yes, I have a research assistant and a project manager.
Great! Calculate their hourly rates, multiply by the estimated hours they will work on the project, and add any benefits. Would you like help with calculating those rates?
Yes, that would be helpful!
Sure! Please provide the hourly rates and the estimated hours for each role.
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