I have to make a call on whether or not to submit a grant proposal this round. This is a proposal that has been in twice already and was hit with the "needs more data" tag in the most recent round. I have a good amount of new data but am waiting on a significant bolus of data that should be arriving next week. The deadline for the proposal is Jan 12 and oh, did I mention that I'm submitting a second proposal that week?
If I do send this thing off I'm planning on significantly re-working it to streamline the presentation and change the data collection to make the study more comparative. This will be fairly straight-forward and I have some useful data in hand that should help my case, but I don't have the mother load yet and it may not come before the deadline.
If that is the case, I think I have the following options.
1) Submit the re-worked grant to the same program and then send an update when the data arrive. This is the most conservative strategy, but I run the risk of pissing off my PO if I don't have those data because I told him that I wouldn't re-submit without the data I am waiting for. This is probably a minor concern, however.
2) Submit the re-worked grant to a different panel and submit the update. This has some appeal because there is a new panel that my proposal would fit nicely under and I could get away from banging my head against the same wall.
3) Wait a round, gather everything I need to make the grant as solid as possible and then submit over the summer. Although this would probably be preferred by my PO, it makes me a bit itchy. At the same time, I don't want to kill myself over the next two weeks to submit something that's not going to have a shot. What if the data I am waiting on don't work out like I expect?
My inclination is to submit it again and make the best of it. If I don't see those data before the deadline then I may be best off going with option 2, but I think I have changed my mind between all three options about twice a day for the last couple of days.