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Navigate: Budgeting Basics for Sponsored Projects

Navigate: Budgeting Basics
for Sponsored Projects Pilot Course

Training Schedule
Location: 
Wolverine Tower

Day 1:  September 13, 2017: 8:30 a.m. - 4:30 p.m.
Day 2:  September 20, 2017: 8:30 a.m. - 4:30 p.m.
Day 3:  October 17, 2017: 8:30 a.m. - 12:00 p.m.

The application process is now closed.

Course Content

This course will be the pilot for the series of budgeting courses that will move the learner through increasingly more advanced budgeting topics. It is designed to provide basic budget development and preparation training to the learner engaged in research administration.

From class demonstrations and modeling, participants will then apply budget techniques to build their own budgets with budget justifications, each with increasingly more complex elements and attributes. Budgets will represent a broad spectrum of budget types and sponsors. The learner will engage and participate in class 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.

Each learning experience will include laboratory assistance and in-class debrief discussion. By the end of this course, the learner will have mastered the building of three to four basic budgets for externally sponsored projects. Learners will also receive a collection of job aids and templates to use as a reference for building similar budgets in their own positions. Basic budget attributes covered in this course include: 

  • Costing principles and cost types including Uniform Guidance (UG);
  • Calculating effort on projects;
  • Budget periods vs. project periods;
  • Budget justifications;
  • Common budgets and their characteristics.

As a part of this course, instructors will demonstrate and help build participants' technical skill in the use of Excel and sponsored budget templates.

Additionally, learners will review common proposal guidelines and review strategies for writing successful proposals that meet sponsor guidelines.

Schedule and Requirements

The Research Project Lifecycle

Attendees for this course will need to submit an application so that the course design team members can evaluate readiness for participating in class discussions, budget building exercises and homework. This course will be offered in three sessions, with at least a two-week break in between each session for completion of homework and laboratory support as needed. Attendance is mandatory at all sessions since full completion of the course includes demonstration and homework; customized support from instructors can be scheduled for cases of emergency. Completion of this course will require full submission of all homework assignments. The pilot course schedule is as follows:

2017 Training Schedule
Location: Wolverine Tower 
Time: Varies

  • Day 1:  September 13, 2017: 8:30 a.m. - 4:30 p.m.
  • Day 2:  September 20, 2017: 8:30 a.m. - 4:30 p.m.
  • Day 3:  October 17, 2017: 8:30 a.m. - 12:00 p.m.

Prerequisites and Target Audience

Students should have:

  • some exposure to general budgets for sponsored research in their current U-M positions,
  • approximately one year of on-the-job experience
  • proficiency using Microsoft Excel

Note: Students who have previously attended the Navigate: Fundamentals course have already covered the concepts and materials included in Navigate: Budgeting Basics for Sponsored Projects.

How to Apply

The application process is closed.

  • Applicants must submit an application form by Friday, August 4, 2017.
  • There will be a limit of 20 participants.
  • Sessions will be held at Wolverine Tower.
     
Supervisor Requirements
  • Ensure the applicant/participant will be permitted time to attend all three instructor-led sessions.
  • Support the participant with tasks assigned in between sessions, including in-person meetings as necessary.
  • Participate in training evaluations.
     

Selected Participant Requirements

  • Attend all three instructor-led sessions.
  • Participants should bring a fully-charged laptop each day.
  • Complete all assignments.
  • Participate in program evaluations.

Selection Process

  • Applications will be reviewed by the Navigate Training and Design Teams to ensure completeness.
  • The Navigate Training and Design Teams will review applications and select participants.
  • Applicants will receive a confirmation email to let them know whether they have been selected.
  • Up to 20 participants will be selected to attend the Navigate: Budgeting Basics for Sponsored Projects (Pilot) course.

Course Resources / Materials

  • Canvas will be used to store documents (PowerPoint, job aids, handouts, templates), hold discussion board, post homework materials/assignments (when applicable).

Course Fee

  • There will be no cost to participate in this pilot course.
     

Questions?

For questions on Navigate and other training initiatives, please contact the Training Team at navigate-research@umich.edu.