Award Management is a process that encompasses University, school and sponsor policies and procedures pertinent to the project. It is often referred to as the “post award” phase of the life cycle of an award. Sound management of sponsored funds is critical in maintaining the public trust in research results and outcomes, its trust as research participants, and its trust in how public and private funds are spent.
Now that you have been awarded funding for your project; here’s what you need to know in order to manage it successfully!
- Ensure that your research/program staff are cognizant of their responsibilities and those of the school’s and the university’s academic and administrative offices.
- Abide by the key terms and conditions of your award, such as the approved scope of work and budget, required prior approvals, reporting, payment, publication rights.
- Know and work within your Sponsor’s rules and regulations and the University’s research and business policies, guidance, and procedures.
The policies behind these procedures can be found on the Policies page.