For the research, he needs a budget of $50000, but the authorities of the lab are willing to fund him only $30000. In this context, this restraint on the budget is an example of a limitation.
A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year.
Resources are limited, and Brian is not an exception. Even the wealthiest individual or organisation in the world has a finite quantity of time, money, experience, working hours, etc. The way we respond to enforced restrictions or constraints has a significant impact on how we carry out our tasks.
Either Brian should tone back the research in its first stages or try to find other supporters for it. If the first stage goes well, he could be able to get a larger budget.
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