As we close the chapter on 2016 and prepare for the start of a new year we have taken the time to reflect back on 2016’s most read research administration blogs. Whether you’re interested in expediting the grant proposal process or distinguishing the difference between public and private funds, these blogs cover it all. Make sure to read through all our grant and research based entries for a better informed start to 2017.
It can be difficult to completely separate pre and post award into two distinct stages with unique functions. This blog aims to better define the differences. Pre award involves responsibilities such as finding the funding, creating the budget, and negotiating the acceptance of an award. Post award considers the account set-up, financial compliance monitoring, and project close out. While there are distinguishing factors for each, it is always a good idea to invest in a research administration software solution that streamlines the process as a whole.
Too often those in research administration find themselves without enough time to properly revise a proposal after their Sponsored Programs Office has reviewed it. It is imperative to schedule the audit process accordingly so to avoid a late proposal. While it may be tempting to hit “SUBMIT” after the initial round, a rushed and improper review can lead to many problems. Some of the most prevalent problems include an inconsistent budget with unallowable costs, the omission of sponsor required pages, problem statements or hypotheses that lack clarity and relevancy, and overlooked compliance issues. To gain a better understanding of how you are putting your project at risk and how to better manage the proposal process check out this 2016 blog.
2016 saw an update in how to document personnel compensation. The OMB published new guidelines as to how effort should be certified and budgets estimated. This blog explores the elements all institutions must integrate into their operations, and what software features are required to better manage the process.
Grant supplements are requests for additional funding for a sponsored project that is currently underway. Since the award is already in existence, tracking the supplemental funding can become much more tedious and difficult. In particular, those in research administration should be aware of the supplement status, changes to the key personnel, the agency number, changes in funding, and the budget period. Investing in a software that tracks these criteria will greatly enhance the efficiency and accuracy of an institution’s supplement management.
The difference between public and private funding is much more complex than whether the award comes from a public institution such as federal or state agencies. When deciding what type of fund to pursue, those in research administration should consider the advantages and drawbacks of both types of funding. This blog breaks down not only rough definitions of each, but the respective pros and cons.
We’ve greatly enjoyed engaging with so many talented individuals in research administration throughout the year, and look forward to working with everyone in the coming one. Have a safe and happy holiday season and we’ll see you in 2017!