NCURA Virtual Workshop: Building a Budget

The Office of Sponsored Programs will be hosting (OSP Conference Room, ENG 329B) an NCURA Virtual Workshop on Wednesday March 8^th.  

We are already registered for this event.  There is no need for individual registration! 

Please see the details and description of this Workshop below.  Space is limited to 15 attendees.

Virtual Workshop - Building a Budget

Wednesday March 8, 2017
(Streamed live from the Pre-Award Research Administration Conference)

Screening of Workshop at UMBC in OSP Room  ENG 329B 

Workshop Description

Developing a clear and reasonable budget is one of the most important pieces of the proposal process. The regulations tell us the budget should be the financial expression of the statement of work. The ability to build a budget that directly ties to the work being performed enhances the chances of being funded by the sponsor, and protects us in the case of an audit. Understanding how to work with PIs to craft a sound, reasonable budget and budget justification is essential to our roles as Research  Administrators

Learning Objectives

·       Using the Uniform Guidance as the basis for our discussion, this session will explore the foundations of budget building.

·       Participants will discuss allowability, allocability, and reasonableness; administrative and clerical salary issues; determination of subrecipient, vendor, or consultant status; and many more issues surrounding budgeting, as well as crafting a solid budget justification.

·       This workshop should lay the groundwork for Research Administrators to successfully and confidently collaborate with the PI to build a sound budget that reflects the scope of work