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Developing Budgets for Research Projects Session Focus: Clinical Trials Noreen Connolly, MS JD CCC Health Project Coordinator, Neurology/Epilepsy and Beth Race, MBA Research Administrator, Emergency
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What is developing budgets for?
Developing budgets is for setting financial goals and planning for the allocation of resources.
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It is usually required by organizations, businesses, and government agencies.
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Developing budgets can be filled out by analyzing past financial data, considering future objectives, and collaborating with stakeholders.
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The purpose of developing budgets is to ensure proper allocation of funds, track financial performance, and make informed decisions.
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Information such as projected revenue, expenses, cash flow, and financial goals must be reported.
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