Navigate: Advanced Budgeting: Task-Based Budgets course
application is now open!
Navigate: Advanced Budgeting Selected Topics courses are recommended for research administrators:
with approximately two or more years of on-the-job experience;
who have been exposed to and regularly produce basic budgets for sponsored research proposals;
are familiar with various appointment types used in sponsored project budgets, including faculty (U-year and 12-month), staff, and graduate students; and
are familiar with how to calculate common budget elements, including indirect costs and modified total direct costs (MTDC).
Fall 2019
Dates/Times: Day 1: September 12, 2019
8:30 a.m. - 4:30 p.m. Day 2: September 18, 2019
1:00 p.m. - 4:30 p.m. Location: Wolverine Tower
Apply for Navigate: Advanced Budgeting - Task-Based Budgets
Course Fee: $75 per participant
Deadline:Friday, August 30, 2019
Seats are limited to 20 participants: application is required
The Navigate: Advanced Budgeting Selected Topics: Task-Based Budgets will include hands-on "laboratory" assistance and an in-class debrief discussion. By the end of this course, learners will master the building of two moderately complex budgets and will keep the step-by-step documentation and Excel templates for use in developing similar budgets in their own positions. Budget attributes in this course include:
National Institutes of Health (NIH) (2-year, $315K) and Department of Transportation (DoT) (multi-year, < $1M) budgets with mixed effort/appointments in budgets including 12-month, U-Year, and pool (with SVH) appointments;
multiple methods of fringe rate calculation based on sponsor requirements and appointment types;
conversion of effort from percent (%) effort to "loaded" labor hours;
"loaded" labor rates included on a task-based, multi-year budget with a base budget period and option years; and,
simple cost sharing.
Additionally, participants will receive reinforcement and practice in multiple appointment types, including:
University-year (U-year)
12-month
Graduate Student Research Assistants (GSRAs)
Temp Hourly
Building "loaded" labor hour budgets for task-based submissions
Orientation to nuances of Department of Defense (DoD) and Department of Transportation (DoT) submissions
Tips and tricks for participation from faculty in developing and planning for complex budgets
From class demonstrations and modeling, participants will then apply budget techniques to build their own budgets (including justifications), with more complex elements and attributes. Budgets will represent a variety of budget types and sponsors. Learners will participate in walk-through demonstrations, discussion of budget-building and problem-solving strategies typical in the context of proposal submission, and then work through reinforcing budget development homework assignments.
Attendance at both sessions is mandatory. Completion of the course requires class attendance, completion of homework, and a review session.
Applications are due Friday, August 30, 2019!Class size is limited to 20 participants.
