An Introduction to Full Economic Costs (FEC) and Resolve workshops

The Introduction to Full Economic Costs (FEC) and Resolve Workshops are being run on a regular basis at BSP Hythe Bridge Street (see below for dates). The workshops are PC-based and hands-on and include a practice exercise. Each group has a maximum of six people and there are plenty of opportunities to ask questions.

Target Audience:

This is a basic course intended for new administrators, research facilitators, finance officers or any departmental staff who need to have an understanding of Full Economic Costs (FEC) and who need hands-on experience of using Resolve.

Topics to be covered:

The Workshop is split into two parts: session A covers the background and introduction to FEC and lasts for approximately 1 hour, and Session B covers how to create a costing using Resolve. It is recommended that participants attend both sessions, however staff with an existing understanding of FEC may wish to attend session B only. If this is the case please specify this when making the booking on the Finance web pages.

Topics:

  • background and introduction to FEC
  • understanding the different cost components of Directly Incurred (DI), Directly Allocated (DA) and Indirect costs
  • how we apply these costs to research projects
  • how to create costings in Resolve for different sponsors (Research Councils, Charities and the EC under FP7)
  • what different sponsors will pay
  • how to amend the price
  • how to avoid mistakes in costings

Dates in 2013:

  • Thursday, 21 February, 9 am - 12.30 pm (now fully booked)
  • Friday 22nd March, 1.30 pm - 5 pm
  • Tuesday, 16th April, 9 am - 12.30 pm

How to book:

Workshops can now be booked using the course booking form on the Finance website (click 'Book' next to the date you want to book).

Further information:

Please contact Tricia Murkin, our Research Finance Officer on (2)89814 or tricia.murkin@admin.ox.ac.uk.