Ensuring you have the correct resources for your project is crucial. If you underestimate the amount of funding you need, it can pose an insurmountable obstacle that can jeopardise your success.
However, if you include an excessive amount of unnecessary items that are over-priced, this can prejudice the review committee and prevent your application being funded.
The Research Development Team will cost your project with you. You also need to check the funding regulations for the scheme you are applying for, as there are explicit instructions regarding eligible and ineligible costs. There will also be a set way of presenting this information that you need to take into account.
Read more on how to compile a research budget.