Complete Proposal

Research Budget

The research is to be conducted focusing on the predictive model in the management of Alzheimer’s disease. The budget aims at making the most out of every dollar spent (Patil, 2017)

100% sponsorship by the Alama Nursing School

Period of the research project 05/15/2019 to 05/015/2020

Budget period 05/15/2019 to 05/15/2020

Budget Justification

Senior Personnel

The senior personnel in this research include a single primary investigator and two co-primary investigators.

Prof. Amanda Dorothy is a Senior Professor at the Alama Medical School. She is a decorated psychiatrist and a renowned researcher of Mental Health issues. She will serve as the PI at a summer salary for one and a half months at $10,000

Dr. Hillary Hughes is an Associate Professor and he is willing to assist in the project as co-PI with a request of two and a half months of summer salary of $8,000.

Dr. Doreen Mucahu is also an Associate Professor and she is willing to work as the second Co-PI with a request of a one and a half months for $7,000

Other Personnel

Mr. Robert Rowling’s is a full-time research data analyst and he is willing to devote half of his working hours to this research at the fee ($12,000).

Three graduate students have been requested to assist in the research at a fee of $5,000 each. The students will assist in collecting data from the various entry point and administration of questionnaires.

Fringe Benefits

This is a convenience fee to be paid to those who commit to working with the researchers (Dawson, 2019). The fringe benefits were calculated at 20% of the salaries offered for the investigators and the data analyst. The graduates will not receive this part of the benefit, as they are not listed in the School policy.

Equipment

There is a need for acquisition of the analysis machine that will be used exclusively in this research project. The manufacturer has quoted $9,000 for the full package.

Travel

The primary investigators and the co-PIs will travel to a conference on methods of diagnosis and treatment of Alzheimer’s at an estimated cost of $1,500. For the local logistics of the investigators and the graduate students, we will require $1,700 for automobile mileage.

Subcontracts

It is important to have an external data specialist to help in the research (Lawes et.al. 2018). Specialized data analysis services and the connection of the final report for compilation will be provided by Dr. Annacitacia Johnwick and Dr. Maurice Mauhl of the Amala University at a cost of $2,000.

Printing

An estimated $1,000 will be used to print the tools for data collection and the journal materials for both reference and the publication of the 12 pieces of the final report in print as required by the sponsor.

F&A Costs

The facilities and administrative costs amount to $4,180 based upon the rate of 22% of the MTDC of $19,000, which is approved by the Amala University.

Consultation

The chief scientist at the LLC Inc. is willing to interpret sections of the analysis of the results at his standard rates of $500 per day for 6 days in addition to a $500 logistical fee, as he will be working out of his office.

Conclusion

The budget has been designed to use every dollar for output in terms of getting results of the study. The budget is subject to change before approval in case of reviews or recommendations from the sponsors to accommodate items that are vital for the study (Greenville et.al. 2016).

References

Dawson, C. (2019). Introduction to Research Methods 5th Edition: A Practical Guide for Anyone Undertaking a Research Project. Robinson.

Greenville, A. C., & Emery, N. J. (2016). Gathering lots of data on a small budget. Science, 353(6306), 1360-1361.

Lawes, M., Schultze, M., & Eid, M. (2018). Making the Most of Your Research Budget: Efficiency of a Three-Method Measurement Design With Planned Missing Data. Assessment, 1073191118798050.

Patil, S. G. (2017). How to plan and write a budget for research grant proposal?. Journal of Ayurveda and integrative medicine.