As Research Council funding becomes more competitive, organisations are continuing to diversify their research funding streams in order to develop a more balanced funding portfolio and to spread risk. This requires research managers to become more involved in planning and forecasting to ensure financial sustainability of the project portfolio over time. This workshop replaces PAF II.
The aim of this workshop is to provide delegates with a specific and practical understanding of post-award financial administration processes, within the context of managing a project portfolio.
Topics covered will include:-
- Post-award finance in context
- Institutional context
- Financial management
- Financial sustainability
- Planning and forecasting
- Ethics and governance
The workshop will give attendees the opportunity to meet and discuss financial topics in respect of research management with colleagues from across the sector.
By the end of the workshop, participants will be able to:
- Describe the key principles of managing project finance
- Assess how current political, environmental and social factors may influence development of the project portfolio
- Explain what an organisation should consider in order to maintain a balanced funding portfolio
- Understand how to use financial accounts to undertake a risk assessment across the funding portfolio
- Understand the role of the financial administrator within the broader organisational context
This is a management level course particularly suitable for those who have between two to five years experience in a post-award research finance role.
Prior Knowledge Required
Participants will be expected to have basic accounts experience in a university environment and understand financial terms such as ledger, journal and accrual.
This event is a Technical Knowledge Workshop. Technical Knowledge Workshops focus on helping delegates to acquire the knowledge and behaviours required to undertake particular aspects of their role. Delegates can expect to hear form a recognised expert(s) in the topic area and can include individual and group activities and discussion. ARMA currently run ~12 technical knowledge workshops throughout the training and development annual calendar. Members receive a discount of £125 + VAT off of these events.
As part of your ARMA delegate experience, we like to give you a pack of everything you will need for your training event. A couple of days prior to the workshop you will be attending, we will send you an information pack about ARMA, a programme for you to print out for the day and a delegate list of your fellow attendees. You may also receive presentations prior to the event if our speakers consent to this, however, this is not guaranteed due to the nature of each workshop.
You can find all other information on your speakers, the venue and what you will come away with from our website.
If you have any questions, please do not hesitate to contact firstname.lastname@example.org.