MODULE 2: Sponsored Research Overview
The lifecycle of a sponsored project begins with a proposal that sets out an idea or concept. Proposals are submitted to sponsoring agencies, evaluated and selected for funding. An award is then negotiated and made to the university on behalf of the principal investigator (PI) and it is managed through the end of the funding cycle.
At Princeton , the PI has overall responsibility for the technical and fiscal management of a sponsored project. This includes the management of the project within funding limitations and assurance that the sponsor will be notified when significant conditions related to project status change. While responsibility for the day-to-day management of project finances may be delegated to administrative or other staff, accountability for compliance with Princeton policy and sponsor requirements ultimately rests with the PI.