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Financial Management Training Research Finance

Financial Management Training Research Finance. Pre-award finance administration. Focus on Research Grants Lifecycle pre-award. Pre-award finance administration. Approved RGAS form. (research grant application summary). Write research proposal. Resources required. Application and costing.

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Financial Management Training Research Finance

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  1. Financial Management Training Research Finance

  2. Pre-award finance administration

  3. Focus on Research Grants Lifecycle pre-award Pre-award finance administration Approved RGAS form (research grant application summary)

  4. Write research proposal Resources required • Application and costing

  5. Cost versus Award ValueWhat’s the difference?

  6. Different Types of Costs What falls into each category? • salary of an additional researcher, laboratory consumables, travel costs • share of PI/CI time • contribution to all other central overheads e.g. support functions, estates

  7. Approach to costing

  8. pFACT How does it work in practice?

  9. FEC vs Award Value Example

  10. FEC • Award Value Cost versus Award ValueThe importance of Full Economic Costing Should we continue with application? RGAS form

  11. Focus on Research Grants Lifecycle pre-award Pre-award finance administration Accept - RAF Decline Approved RGAS form

  12. Reporting of Research Application Activity Systems used Research Grants Database Finance Dashboard PURE Academic CV

  13. Finance Dashboard Research Applications

  14. Finance Dashboard Research Applications

  15. Finance Dashboard Research Awards

  16. Finance Dashboard Research Awards

  17. Focus on Research Grants Lifecycle pre-award Pre-award finance administration Accept – RAF Decline Approved RGAS form

  18. Research Award Form

  19. Putting it all together FEC/Award Value/Budget

  20. Putting it all together FEC/Award Value/Budget * With the exception of equipment funded at 50% of FEC

  21. Putting it all together FEC/Award Value/Budget shortfall in funding of direct costs £75,000 * With the exception of equipment funded at 50% of FEC

  22. Putting it all together FEC/Award Value/Budget transfer £75,000 * With the exception of equipment funded at 50% of FEC

  23. Putting it all together FEC/Award Value/Budget * With the exception of equipment funded at 50% of FEC

  24. RAF

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