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{{short description|Leader of research project}}
In
A co-investigator (Co-I) assists the principal investigator in the management and leadership of the research project. There may be a number of co-investigators supporting a PI.<ref>{{cite web |url=https://je-s.rcuk.ac.uk/Handbook/pages/GuidanceonCompletingaStandardG/Co_Investigators.htm|last=Research Councils |title=Joint Electronic Submissions Handbook: Co-Investigators |accessdate=4 May 2021}}</ref>
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==Federal funding==
In the context of United States [[federal funding]] from agencies such as the [[National Institutes of Health]] (NIH) or the [[National Science Foundation]] (NSF), the PI is the person who takes direct responsibility for completion of a funded project, directing the research and reporting directly to the funding agency.<ref>See, for example, [https://www.nsf.gov/pubs/2002/nsf02151/gpm2.jsp#210 NSF Grant Policy Manual 210f 'Definitions: Principal Investigator'].</ref><ref>[http://www.niaid.nih.gov/ncn/glossary/default5.htm#pi NIAID (NIH) 'Glossary of Funding and Policy Terms and Acronyms']</ref> For small projects (which might involve 1–5 people) the PI is typically the person who conceived the investigation, but for larger projects the PI may be selected by a team to obtain the best strategic advantage for the project.{{cn|date=November 2023}}
In the context of a clinical trial, a PI may be an academic working with grants from [[NIH]] or other funding agencies, or may be effectively a contractor for a [[pharmaceutical company]] working on testing the safety and efficacy of new medicines.{{cn|date=November 2023}}
There were 20,458 PIs on [[NIH grant#R01|NIH R01 grants]] in US biomedical research in 2000. In 2013, this number
| pmid = 24700835
| year = 2014
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