With the Limited Amount of Money Available to Fund Scientific

question 29

Essay

With the limited amount of money available to fund scientific research, some projects must be given priorities over others. If you were reviewing applications for grant funding, what criteria might you use to decide which projects were funded first?

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Definitions:

Organizational Environment

The set of external and internal factors that influence an organization's operations, including economic, technological, sociocultural, and legal elements, among others.

Horizontal Alignment

The coordination and integration of strategies, processes, and activities across different departments or functional areas within an organization.

Workforce Forecasting

The process of predicting an organization’s future employment needs in order to help ensure that it has the right number of workers with the right skills at the right time.

Strategic Planning

A systematic process of envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.