Navigate: Budgeting Basics for Sponsored Projects

Target Audience

The Navigate Training Team is pleased to announce a new virtual offering of Navigate: Budgeting Basics for Sponsored Projects.  We recommend this course for newer research administrators:

• with approximately one (1) year of on-the-job experience,
• who have minimal experience working with budgets for sponsored research proposals, and
• who are proficient in using Microsoft Excel.

We will conduct the course virtually through two half-day Zoom sessions, including pre-class assignments, a homework assignment, an optional lab hour, and a one-hour homework review session. All course materials will be available in Canvas.

Note: Participants who have attended the Navigate: Fundamentals course should not register for this course. The Fundamentals course content covers the concepts and materials included in Navigate: Budgeting Basics for Sponsored Projects.

Session Content

Based on class demonstrations and modeling, participants will apply basic techniques to build their own budgets, each with increasingly complex elements and attributes. Participants will engage in class walk-through demonstrations, discuss budget-building and problem-solving strategies typical in the context of proposal submission, and then work through reinforcing budget development with homework assignments.

The course will include "laboratory" assistance and in-class debrief discussion. By the end of this course, participants will master three to four basic budgets for externally sponsored projects. They will also receive a collection of job aids and templates to use as a reference for building similar budgets in their own positions.

Training Schedule

• Day 1: April 6, 2021
  Time: 8:30 a.m. - 12:30 p.m.
  
  
• Day 2: April 14, 2021
  Time: 8:30 a.m. - 12:30 p.m.

Attendance is also encouraged at optional Lab / Office Hours:

• April 20, 2021 from 11:00 a.m. - 12:00 p.m. (homework assistance)
• ​April 27, 2021 from 11:00 a.m. - 12:00 p.m. (homework review)

Requirements for Participation

• Obtain your supervisor’s approval
• Attend both Day 1 and Day 2 sessions
• Complete all assignments
• Complete a post-course evaluation

Prerequisites and Target Audience

Participants should have:

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

Registration

The registration deadline is Friday, March 19, 2021. Class size is limited to 20 participants. 

*Course Fee: Waived

*Billing the cost of this course is temporarily waived due to budgetary restrictions that Covid-19 may have placed on the schools/units/departments.