Abstract
The budget is an effective management tool for both you and the granting agency. Contrary to what some may think, it is not merely a necessary appendage to a proposal. It is a live, working instrument that will be referred to again and again during the course of the project. Because the budget will be so important to you during the project, it must be given maximum thought at an early stage of proposal development so that problems that may arise later can be avoided. Not only is a well-planned budget an effective way to avoid potential problems, it is also an excellent device to help you get the most out of your grant dollar.
To have enough is good luck, to have more than enough is harmful This is true of all things, but especially of money.
Chuang-Tse
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References
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© 1981 Plenum Press, New York
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Sladek, F.E., Stein, E.L. (1981). The Proposal Budget Asking for the Right Amount. In: Grant Budgeting and Finance. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-3198-8_3
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DOI: https://doi.org/10.1007/978-1-4613-3198-8_3
Publisher Name: Springer, Boston, MA
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