|                                                                Dear reader,                                                               Our training season has ended, which means we are going on a well-deserved                                                             summer break to return with full batteries for the autumn courses. We’ve                                                             welcomed over 4000 professionals from many parts of the                                                             world, including the EU, UK, Iceland, Norway, Switzerland, Ukraine, Armenia,                                                             Türkiye, and New Zealand. We delivered over 16 in-person and online                                                             courses and 10 free webinars and several in-house                                                             courses to various clients between January and June 2024 and had                                                             incredibly interesting discussions with our participants.                                                             
                                                                                                                            Our experts Gabor, Ömer, Gabriella, Jelena and Krisztina shared that some                                                             of the most discussed topics in Horizon Europe proposal                                                             development were the length and complexity of the data                                                             management part as well as the time needed to develop a lump                                                             sum budget. Other common subjects included finding and reviewing                                                             successful proposal examples, understanding how to identify                                                             impact KPIs and whether the plans should include a                                                             separate ethical work package.                                                             
                                                                                                                            When it came to Horizon Europe project management, some                                                             of the most pressing issues were identifying and justifying                                                             deviations in the period reporting and determining how much                                                             percentage was acceptable. Moreover, participants of our                                                             courses were taught how to monitor the partner performance in lump                                                             sum projects since certain financial information, such as the                                                             person-months spent, couldn’t be requested. Lastly, another important element                                                             discussed was the possibility of partners facing cash flow                                                             issues due to the low pre-financing rates in lump sum projects,                                                             where the work packages were not divided into reporting periods, leading to                                                             the EC contributions arriving only towards the end of the project.                                                             
                                                                                                                            Finally, due to the high request by our community, we introduced the                                                             first-ever course on personnel cost calculations in EU funded                                                             projects. During this course our financial expert Gabor had in-depth                                                             discussions with the participants on various aspects of this type of                                                             financial reporting. Firstly, they addressed the pros and cons on the                                                             period reporting-based personnel cost calculations versus                                                             the recently added calendar year-based option, particularly                                                             in the context of long (e.g. over 12 months) reporting periods and concerns                                                             around the closing of the fiscal year. Secondly, they discussed the severe                                                             effect of the switches between full-time and                                                             part-time employment during the reporting period to the eligible                                                             personnel cost, including scenarios when the parental leave and/or long-term                                                             sick leave causes a “disturbance in the force”.                                                             
                                                                                                                            Moreover, they found solutions to the nonsensical (!) article in the                                                             Annotated Grant Agreement on banning the adjustment to the 215                                                             days when long-term sick leave or sabbatical occurs. They also                                                             covered the absurdity of a time recording using the all-new                                                             template, underlining why keeping the good-old H2020 hourly-based                                                             timesheets was still the best solution. Finally, they delved into the                                                             labyrinth of day-equivalent conversion to explore which                                                             option had what effect on the participants’ reportable employment costs. They                                                             also carried out an extensive analysis of who should apply for the                                                             all-new unit cost for personnel cost (PUC) option, and why, which                                                             was added to the GA from May 2024 onwards.                                                             
                                                                                                                            What about your key learnings? Would you have anything to add to this                                                             list? Let us know by answering this email or engaging in a conversation on                                                             this                                                              LinkedIn post!                                                            |