How do I update a research budget?

How do I update a research budget for my project?

To update a research budget, start by reviewing your current budget and identifying areas that need adjustment.

What specific changes should I consider when updating?

Consider changes in project scope, unexpected expenses, or new funding sources that may affect your budget.

Do I need to inform my funding agency about these changes?

Yes, it's important to communicate any significant changes to your funding agency, as they may require approval.

What documentation do I need to provide for the update?

You typically need to provide a revised budget, justification for changes, and any supporting documents requested by the agency.