Projects

1. What is a project?

2. What is a Non Sponsored project?

3. What is a Task?

4. What is an Expenditure Type?

5. What is an Expenditure Organization?

6. What is the  Federal Appropriations Project Type?

7. Are designated projects associated with one fund type?

8. Who is the project manager on a Sponsored or Non Sponsored project?

9. How can I view which costs have been charged to my project?

10. What is Raw Cost?

11. What is Burden Cost?


Projects

1. What is a project?

A project is a collection of related financial activities across one or multiple business lines for the same objective and/or mission. To achieve a more detailed picture of all the financial activities, the project can be sub-divided into tasks. Rutgers has identified the following project types:

Capital Project
Endowment Principal and Operating
Gifts – Restricted
Loans
Federal Work Study Program
Investment Management
Treasury Bonds
Future
State Appropriations (SEBS)
Land Grants (Federal)
Grants
Clinical Research
Clinical Trial
RU Initiative – Reporting Project

 

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2. What is a Non Sponsored project?

A Non-sponsored project is a project that is not award based. It can receive funding through internal and external sources. Spending has either minor or no restrictions.

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3. What is a Task?

A task is used to break down a project into more manageable parts. Tasks are created to track specific activities within a project that are not covered by the Expenditure Type, Business Line or Location. Every project must have at least one task. Non-Sponsored projects can have multiple tasks; Sponsored projects will have only one task. Tasks are standardized and approved by the Project and COA Governance Committee.

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4. What is an Expenditure Type?

An expenditure type is the same as the account (natural account) segment in the new Chart of Accounts.

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5. What is an Expenditure Organization?

The expenditure organization includes the unit, division, and organization segments in the new Chart of Accounts that is being charged to on the Project.

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6. What is the Federal Appropriations Project Type?

The Federal Appropriations project type is for Land Grants.  A land grant is land awarded to Rutgers University for expansion (Cook/Douglass Campus). Rutgers receives federal funding authorized under the Smith-Lever and Hatch Acts which established “Cooperative Extension Services” research for agriculture, economic development, public policy, 4-H, home economics, and coastal sciences.  These grants are administered by the School of Environmental and Biological Sciences (SEBS).

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7. Are designated projects associated with one fund type?

Designated projects can have more than one fund type.  For example, you could have a Task associated with 100 Unrestricted Operating General and another Task associated with 150 Unrestricted Internally.

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8. Who is the project manager on a Sponsored or Non Sponsored project?

After Grants and Contract Accounting (GCA) sets up an award in projects, the Principal Investigator automatically populates to the project manager field. For Non-Sponsored Projects (no award), University Controller's Office (UCO) personnel will be the Project Manager for centrally run projects. For Designated Projects, the units determined who would be assigned on each project. The project manager can be changed using the new Project Request form located on the UCO website.

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9. How can  I view which costs have been charged to my project?

Select the Projects tile>Tasks>Manage Costs.  Search for your project and all costs transaction will appear.

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10. What is Raw Cost?

Raw cost is the expenditure amount before applicable F&A or burden cost is applied.

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11. What is Burden Cost?

Burden cost is the raw cost (expenditure amount) plus F&A. The system will calculate the F&A for sponsored projects, if the project is non-sponsored, then the raw cost and burden cost will be the same.

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