95%+ of the work done is thrown away. I'm not talking about cutting edge R&D projects that happened to not work out, but literally work will be done and then never evaluated and throw into the trash. Agencies have so much money that they need to spend that they will have no idea what they want and will just throw half a million at you to go do whatever you want for a year. Then they will look at a powerpoint of what you did for maybe 20 mins, nod their head and scratch their chin and then pretend the whole thing never happened.
The Phase I to Phase III ratio has go to me like 100:1
95%+ of the work done is thrown away. I'm not talking about cutting edge R&D projects that happened to not work out, but literally work will be done and then never evaluated and throw into the trash. Agencies have so much money that they need to spend that they will have no idea what they want and will just throw half a million at you to go do whatever you want for a year. Then they will look at a powerpoint of what you did for maybe 20 mins, nod their head and scratch their chin and then pretend the whole thing never happened.
The Phase I to Phase III ratio has go to me like 100:1