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Take the price of that trip and divide it by the amount of money they allocated during the trip. You’ll find that, if being in person corrects one grant approv
by hedora 2y ago
Take the price of that trip and divide it by the amount of money they allocated during the trip.
You’ll find that, if being in person corrects one grant approval /rejection mistake, the trip saves >>> 100x what it costs.
Also, typical grant processes like that involve months of prep work for each person, and they certainly made all the easy decisions before meeting in person.
So, the day or so they spent on discussions was to reconcile disagreements and misunderstandings with high monetary stakes.