Thursday, March 9, 2023 – CHIPTS hosted a career-development webinar entitled “Building a Budget – Financial Basics for Research Proposals,” featuring Laura Sheehan, Manager of Research Administration for the Department of Family Medicine in the David Geffen School of Medicine at UCLA. Ms. Sheehan reviewed the basics of how to create a budget that will meet the needs of a research proposal while remaining within the confines of sponsor restrictions. Ms. Sheehan was joined by over 50 graduate students, post-doctoral students, early/mid-career investigators from academic institutions, and others interested in learning about budgeting for research proposals.
She began the workshop by identifying and describing common elements of a research budget, and then proceeded by sharing tips about how to dissect sponsor guidelines to glean important information needed to create a strong budget proposal. The majority of her presentation focused on essential considerations when preparing a budget for a research proposal, including determining how project needs might affect specific budget line items and utilizing best practices for crafting a budget justification. She left participants with a key take-home message: “read the guidelines.” If you follow proposal guidelines closely and include a strong budget, your research will get funded.
View the recorded webinar here: https://youtu.be/hVaL7sttiF8
Download the webinar slide set here: Building a Budget: Financial Basics for Research Proposals - Slides
Check out these great resources from Ms. Sheehan’s presentation:
- Proposal Basics: Preparing Applications for Research Funding: https://www.youtube.com/watch?v=UGHOxvFvJ_8
- UCLA Office of Research Administration (ORA) Training Programs
- UCLA Clinical and Translational Science Institute (CTSI) Funding Search Tools & Grant-Writing Tips
- National Institutes of Health (NIH) Grants & Funding: Developing Your Budget
- NIH Grants Basics: https://grants.nih.gov/grants/grant_basics.htm
- NIH Grants Process Overview: https://grants.nih.gov/grants/grants_process.htm
- UCLA OCGA FAQs: https://ocga.research.ucla.edu/faq/#proposal-preparation