From the archive: Nine degrees of calculation

What you need to know about costing a proposal

Costing a proposal can feel like entering a twilight world of arcane terms and acronyms, understood only by the financial illuminati. Luckily, Phil Ward, director of the Eastern Arc consortium, produced this guide for Funding Insight readers in February 2019. If you’re planning a first bid as a principal investigator and are starting to get costing anxiety, Phil’s nine-point plan should assuage your fears.