Level I: Fundamentals of Sponsored Projects Administration
Part II: Post-Award
As this is an interactive workshop, registrants will need a computer (laptop/tablet) with dial-in information available if sound becomes an issue. Webcams are encouraged, but not required, as part of the interaction.
Part II: Post-Award Workshop Objectives
- Explain the lifecycle of a sponsored project, from award negotiation and acceptance through award closeout and beyond.
- Describe the differences between gifts, grants, contracts, and cooperative agreements.
- Examine the legal framework governing sponsored projects.
- Differentiate between direct and indirect costs while practicing how an institution's indirect cost rate is calculated and the impact of resources on the indirect cost rate.
- Describe the steps involved in reviewing and accepting an award and outline key considerations in the award setup process.
- Discuss common contractual negotiations from an institutional perspective.
- Describe various project amendments and modifications and identify when sponsor approval is required.
- Explore best practices in project and financial management, including strategies for minimizing and, when necessary, justifying high-risk transactions such as cost transfers.
- Describe the importance of proper closeout of a sponsored project and the steps necessary to prepare for an audit.
- Network, share best practices, and explore career paths within sponsored projects administration.