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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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Identify your financial goals and objectives.
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Developing budgets is for setting financial goals and planning for the allocation of resources.
It is usually required by organizations, businesses, and government agencies.
Developing budgets can be filled out by analyzing past financial data, considering future objectives, and collaborating with stakeholders.
The purpose of developing budgets is to ensure proper allocation of funds, track financial performance, and make informed decisions.
Information such as projected revenue, expenses, cash flow, and financial goals must be reported.
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