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Guidelines for budgeting biostatistics involvement in research projects

M L Lesser1

  • 1Department of Research, North Shore University Hospital, Manhasset, NY 11030, USA.

Statistics in Medicine
|October 30, 1996
PubMed
Summary

This guide helps biostatisticians create accurate research budgets by detailing expense categories and proposing an algorithm for calculating hourly rates. It aims to improve financial planning for biostatistical project involvement.

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Area of Science:

  • Biostatistics
  • Research Administration
  • Scientific Budgeting

Background:

  • Biostatisticians play a crucial role in research projects, requiring accurate budgeting for their time and resources.
  • Developing realistic project budgets is essential for securing funding and ensuring project success.
  • Existing budgeting methods may not adequately address the specific needs of biostatistical contributions.

Purpose of the Study:

  • To provide a structured framework for biostatisticians to develop comprehensive and realistic research budgets.
  • To identify key expense categories and critical questions for effective budget planning.
  • To introduce a novel algorithm for determining appropriate hourly rates for biostatistical services.

Main Methods:

  • Categorization of common biostatistical research expenses.

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  • Development of targeted questions to guide cost estimation within each category.
  • Formulation of an algorithm to calculate hourly rates based on experience and project scope.

    • Main Results:

    • A detailed list of expense categories relevant to biostatistical research involvement.
    • A set of guiding questions to facilitate thorough cost assessment.
    • A proposed algorithm for calculating biostatistical hourly rates.

    Conclusions:

    • Implementing a systematic approach to budget development enhances accuracy and realism.
    • Detailed categorization and targeted questioning improve financial planning for biostatistical services.
    • The proposed algorithm offers a standardized method for determining fair and competitive hourly rates.