5. Managing Sponsored Projects: Spending and Monitoring


Welcome to Module 5. To begin this module read the learning objectives, then click the red button to your right under Get Started.

Learning Objectives

  1. Correctly name and describe the two certification processes which confirm that all expenses charged to a project are allowable, allocable, and reasonable.
  2. Understand the commitment level of your PI (Principal Investigator), and the impact of changes in PI effort.
  3. Identify and define the four conditions under which administrative and clerical salaries can be charged directly to a project.
  4. Define capital equipment.
  5. State the three criteria for determining if a cost is Allocable to a sponsored project.
  6. Name and describe the three methods for allocating cost across multiple benefiting projects.
  7. Define cost transfers and explain the four circumstances under which they are allowed.
  8. Understand the timeframes in which cost transfers must take place.




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