Sponsored projects are awarded to the university and assigned to a principal investigator (PI). The investigator is responsible and accountable to the sponsor for the proper conduct of the project or activity.
This requires day-to-day activities to monitor spending. Good stewardship of award funds helps maintain a relationship of trust between sponsors, the university and the public. Future awards, the reputation of the university and the investigator and avoidance of penalties may depend on the quality of management.
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Roles and responsibilities
An award is an agreement between the sponsor and the university. The investigator, department/center, college and RSP all have responsibility for ensuring that the terms of the agreement are met.