Training Program Title

Budget Development and Negotiation Training

Contributor

Duke University

CTSA Hub Administered

no

Contact Information

freels@duke.edu

Training Program Description

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.

Competency Keywords

Sponsor, Budget, Feasibility, Negotiation

Digital Commons Disciplines

Medical Education

Public

no

Cost to Access

no

Competency Domains

Study and Site Management

Learning Objectives

  1. Identify which documents should be reviewed in preparing a budget
  2. Identify the various costs associated with performing a study
  3. Discuss Duke's F&A rate and the differences between the CRU management charges
  4. Review Duke's preferred payment terms
  5. Provide tips for negotiating with industry sponsors
  6. Review recently revised Duke policies related to budgets and payment terms

Delivery Method

In-person

Target Learners

Principal Investigators; Clinical Research Professionals (other than PI)

Learning Level

Fundamental

Onboarding

no

Frequency

On demand

Time Needed

1.5 hours

Associated Assessment

no

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