Navigate: Budgeting Basics for Sponsored Projects

Target Audience

The Navigate: Budgeting Basics for Sponsored Projects course is recommended 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 that include pre-class assignments, a homework assignment, and an optional one-hour homework review session. All course materials will be available in Canvas.

Note: Those who have previously 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.

Course 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 a homework assignment.

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

Attendance at both Day 1 and Day 2 sessions is required for course completion. 

• Day 1: October 19, 2021
  Time: 8:30 a.m. - 12:30 p.m.
   
• Day 2: October 28, 2021
  Time: 8:30 a.m. - 12:30 p.m.

Attendance is also encouraged at the optional homework review office hour:

• November 9, 2021, from 9:00 - 10:00 a.m.

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, October 1, 2021. The class size is limited to 25 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.