Asking for too little money in your proposal increases the chance of it being accepted, since the agency funding the project will see it as more cost-effective.

Question

Quizplus · Accepted Answer

Asking for too little money in your proposal may indicate to the agency that you have not fully thought through the project or that you are cutting corners, which can harm the quality and success of the project. It can also harm your ability to execute the project as proposed, leading to missed deadlines or incomplete outcomes, which can harm your reputation and future funding opportunities. Therefore, it is generally better to ask for a realistic and reasonable budget that reflects the true cost and complexity of the project.

Asking for Too Little Money in Your Proposal Increases the Chance