Upload
mavis-jefferson
View
212
Download
0
Embed Size (px)
Citation preview
Welcome to Innovative Trainer Partnership Meeting #6 in Valencia
The Meeting Agenda
The Meeting Agenda
Project Finances
The Project Budget
The table that Colin circulated……
Our Financial Resolution Plan:1st off, we need to get to a known state i.e. how much is likely to be spent/not spent by each partner?
Secondly, our aim is to bring each partner as close to vouching their total contracted budget as possible. Individual partner underspends will be re-allocated to cover their own overspends in the first instance. Note: the virement rule is that funds can be moved between designated budget headings up to a maximum of 10% of the budget into which the funds are being moved. (i.e. at the overall programme level)
Thirdly, funds that cannot be re-allocated within overall partner budgets will be pooled. As far as possible these funds will be allocated to partners who can make a case for further virement into one of their budget headings without breaching the overall 10% rule. This would have to be a realistic and defensible case: by way of example an increase in staff time of a further 10% for an individual partner would have to be justified in the context of the work packages for which that partner was responsible
Our Financial Resolution Plan continued:
We need to complete this process ASAP
The Final Report…..
The final report and separate financial tables for each partner are now on the SVN
WP1_Management_Administrative_Financial\Final Report
Final Report – Financial Table
The good news is…..The format is the same as that used for the
Interim Report
So you’ve already completed half of it
The absolute deadline for completion of your financial tables is end of w/c
November 3rd 2014
Colin will be chasing you!
Final Report – Narrative
The Main Points
Work Package leaders are responsible for this part!
Final Report – Dissemination
We have been stressing the need to record all of your dissemination activities since the
outset of this project
Here’s why….
Each dissemination activity will need an individual entry
This is a relatively quick process
Joe to complete
Joe to complete
It is vital that we don’t fall down in this area, the more entries we can muster, the better
The absolute deadline for narrative pieces is end of w/c November 10th 2014
The above deadline will allow Colin the time he needs to draw together and submit the report
These deadlines should be considered as ‘in stone’, you need to work to them if Colin is going to be able to submit the final report
(on which our final 20% payment is predicated) on time
Next Steps: Financial Table…..
All Partners: download your version of the financial table from the SVN, when complete please both e-mail it to Colin and upload it to
SVN
Next Steps: Final Report Document…..
All Partners: download the Final Report PDF and complete your organisation’s Dissemination details
Work Package Leaders: complete the ‘Results’ sections
When complete please both e-mail the report to Colin and upload it to SVN
Remember, Innovative Trainer has the potential to be an exemplar of collaborative
working – one final team effort will make the reporting process relatively painless….
If you have questions on any aspect of the Final Report please contact Colin
Thank You!