This interactive training program will enable participants better “to play by the rules” by expanding basic understanding of sponsored programs post award requirements. It will provide an overview of key regulations such as 2 CFR 200, as well as examples of best practices in meeting requirements. By providing a hands-on approach to understanding sponsors’ solicitations, proposal guidelines and award conditions, you will be aware of their impact on budget planning, development, review, and monitoring. This intensive training will encourage exploration of the research administrator's role at their institution and at others. Discussion and exercises will include topics such as methodologies for assessing costs and concerns associated with personnel effort, consultants, equipment, supplies, travel, subcontracts, total direct cost, program income, indirect costs, and cost sharing.