When managing a sponsored project, the principal investigator (PI) and research administrator must understand four fundamental cost principles: allowability, allocability, reasonableness and ...

Learn how financial modeling projects future performance and supports strategic planning with essential components like ...

Cost-sharing: The project costs that are not borne by the sponsor. Cost sharing of effort is the provision of faculty, staff, and/or student time and related fringe benefits that were committed and ...

This section outlines the financial, project audit and compliance reporting requirements, ahead of project closure, which must align with annual commitments. Project completion means that the ...