1. When an institution receives federal awards, what government regulations apply? For all Federal awards (grants and contracts) For Federal grants For Federal Contracts For questions relating to the interpretation of government regulations contact DSR, 322-2631 or OCGA,
343-6658. 2. How much flexibility do I have in reallocating funds between budget lines on my grants? Guidance for reallocating funds between budget lines on Department of Education, National Institutes of Health (NIH)/Public Health Service (PHS) and National Science Foundation (NSF) grants is available on the Division of Sponsored Research (DSR) website
(http://www.vanderbilt.edu/SponsoredResearch/PostAwardAgency.htm). Guidance for reallocating funds on grants from other agencies and for Federal contracts is available by referring to your award or by contacting DSR at 322-2631. 3. Where can I learn more about Vanderbilt's policy for direct charging of costs to sponsored programs? Vanderbilt's
policy for direct charging of costs is available at http://finance.vanderbilt.edu/researchfinance/docs/vupolicies/directcost/directcost.htm Copies of the policy can be obtained by contacting OCGA. For interpretations of the policy contact OCGA or DSR. 4. Does Vanderbilt's policy for direct charging of costs apply to non-federal projects? No. The direct charge policy only applies to Federal awards. 5. What are some examples of typical direct and indirect costs at Vanderbilt? Examples of Costs that are NOT Normally Considered as Direct Costs at Vanderbilt University At Vanderbilt University, the following costs are NOT normally budgeted and charged as direct costs of sponsored projects:
Examples of Costs that ARE Normally Considered as Direct Costs at Vanderbilt University At Vanderbilt University, the following costs ARE normally budgeted and charged as direct costs. The common element is that the cost is necessary to perform the project's stated scope of work.
Identification with the sponsored work (i.e., the scope of work) rather than the nature of the goods or services is the determining factor in determining direct costs. [Office of Management and Budget Circular A-21, Section D.] EXAMPLES Clerical Salaries Clerical salaries CAN be budgeted and charged as direct costs under certain circumstances. Simply knowing the "nature of the good or service", e.g., clerical salary is not sufficient to determine whether the cost is an appropriate direct charge to a sponsored project. In order to make the determination, one must know the cost's relationship to the sponsored work. For example:
Other Examples Following are other examples of costs and the circumstances under which they may be incurred. For each cost/circumstance, it is indicated whether the cost would be budgeted and charged as a direct cost under Vanderbilt direct charge guidelines.
Identification with the sponsored work (i.e., the scope of work) rather than the nature of the goods or services is the determining factor in determining direct costs. [Office of Management and Budget Circular A-21, Section D.] 6. Are direct and indirect cost definitions the same for all institutions? No. OMB Circular A-21 F.6.b. and Exhibit C of that circular provide general guidance on direct and indirect cost charging however direct and indirect cost charging practices vary between institutions. 7. Can I charge an item as a direct cost if the sponsoring agency allows it, even if Vanderbilt normally considers that item as an indirect? No. Awarding agencies are not in a position to make this determination. In fact, NIH has included language in some of their awards indicating this. In the early days before the implementation of the Cost Accounting Standards many institutions adopted the position that if a direct cost normally treated as an indirect cost was budgeted and not cut from the budget during the award process then the cost was an allowable exception to the institutions charging practice. In more recent times, awarding agencies have clarified their position in stating that they are not in a position to determine an institution's charging practices. The Cost Accounting Standards requires consistent treatment of costs and shifts the burden of proof to the universities. 8. Are proposal preparation costs considered a direct or an indirect cost? Proposal costs for new projects are considered an indirect cost and the associated costs are treated as departmental administration costs in Vanderbilt's indirect cost rates. Since many non-competing continuation proposals consist of progress reports costs associated with these proposals are to be considered as direct costs. 9. Are lab notebooks considered a scientific supply or general office supplies? If the lab notebook is used in the laboratory for recording notes for a research project then the cost of the notebook can be considered a direct cost and the item recorded as a research supply. If the notebook is used for general purposes not connected to a research project than the cost of the notebook should be considered as an indirect cost and the item recorded as an office supply. 10. If I ship research materials to a colleague for use on my research project, can this shipping charge be considered as a direct cost to my research project? Yes, if the colleague is working on behalf of the research project and it benefits the research project then these shipping charges can be charged as a direct cost to the research project. 11. What are the components of Vanderbilt's current indirect cost rate for 2003/2004 and how does Vanderbilt's research rate of 51.0% break down?
Which of the following topApportionment is used when projects closely follow past projects in features and costs.
Which of the following type of cost is most controllable by the project manager?The three major types of costs are direct, direct overhead, and general and administrative costs. Direct costs are controllable by the project manager.
Which of the following is a good condition for topAnswer and Explanation: The good condition for top-down estimating is when the project is small and internal.
What is the relationship between organizational culture and estimating quizlet?What is the relationship between organizational culture and estimating? Cultural norms affect the accuracy of estimates. A project leader is forecasting how much money his department needs to support a new project. He estimates that two people and $25,000 in expenses will cover his needs.
|