Budget Development and Negotiation Training

This training is required for individuals identified by their CRUs to become the 'approved negotiators' of the budget and payment terms. This course reviews best practices and provides helpful tips on developing and negotiating budgets and payment terms with industry sponsors. Course Objectives: Identify which documents should be reviewed in preparing a budget; Identify the various costs associated with performing a study; Discuss Duke's F&A rate and the differences between the CRU management charges; Review Duke's preferred payment terms; Provide tips for negotiating with industry sponsors; Review recently revised Duke policies related to budgets and payment terms.

Duration: 1 - 4 hours

Introductory

Free