This workshop will serve as a primer for budgeting fundamentals across the spectrum of grant applications and proposals. It will address concepts of comprehensive budgeting construction as well as afford practical advice for identifying budget components and how to assemble them. The application and calculation of Facilities and Administration (F&A) costs will be reviewed, as well as advanced topics such as per-patient costs, cost sharing, salary caps, subcontracts, participant support costs, fabrication costs, and consultants. Participants are expected to bring a calculator and will engage in a budget development exercise.
Content Level: Basic
Learning Objectives:
- Discuss comprehensive budgeting components and how to assemble them.
- Review application and calculation of F&A costs.
Pre-Award Certificate: Required Workshop
Speaker(s): Renee Vaughan, CRU Financial Practice Manager, Duke University; Monique Gregory, College of Sciences, Contracts and Grants Manager, Pre-Award, Mayo Clinic