SLU´s project calculator is to be used for budgeting in all applications and contract proposals for external funding. You can calculate the full cost of the project and the co-funding need. Reports are given for the project as a whole, per department and per work package (WP).
The project leader must, with support of a department economist, use the calculator at two stages of the external funding process according to the external funding guidelines:
- As soon as possible prior to the final date for application.
- AND, if application is accepted, as soon as possible prior to the contract proposal being signed.
Depending on funding body the project budget has different purposes:
- To calculate full cost to be included in application or contract - valid for Swedish government funding bodies for which full cost funding is compulsory according to appropriation direction.
- To calculate full cost AND cost to be included in application or contract, where the difference is the co-funding need - valid for all other funding bodies who are not adapting their funding to applicant specific full cost, but instead have standard rules for cost coverage or take decision in each individual case.
Simplified project calculator (excel) intended for calculation with costs at one SLU department only and only with full cost, no calculation of co-funding need.