Europa Media Trainings

How to budget your costs efficiently in Horizon 2020 and Horizon Europe

Finance series

Essential course for beginners and for those having running projects improperly budgeted. Learn how to set up your PM rate, estimate personnel and other costs, and foresee third party involvement.

Date Time Duration
25 May 14:00 CEST 45+15 min

Properly estimating your budget at the proposal stage and effectively managing it during implementation will help you avoid problems in reporting and in case of eventual EC audits.

This webinar will provide you with the right skills and tools to estimate resources and develop a budget accurately and manage it efficiently.

Topics covered:

  • What is the meaning of the budget and how is it connected to cost reporting?
  • What is a PM rate and why is it important to me?
  • Total personnel costs versus efforts – which one matters?
  • How detailed should I foresee staff costs?
  • How about experts or seconded employees?
  • How should I plan and estimate the other direct costs accurately?

At the end of the webinar, you will have a better understanding of the key financial principles of budgeting under Horizon 2020 and be able to better construct and manage your project budget.

Who we are

Europa Media is Europe's leading provider of practice-driven training courses on developing and managing projects under the EU's research and innovation programmes since FP5. Over the past 20 years, our team has been directly involved in writing successful proposals and coordinating and managing projects. Under Horizon 2020, we have been involved in over 20 projects as coordinators and partners. Our training courses are designed based on this direct experience we have from our own proposals and projects. They are therefore quite hands-on with real-life examples and stories. This practical approach has attracted over 10,000 participants to our training courses from all over the world in the past 15 years.

The speaker

Ömer is the Managing Director of Geonardo Environmental Technologies. He has more than 15 years of direct experience in developing and implementing EU-funded projects and managing EC contracts. He has a thorough knowledge of the European Union’s funding system and a sound understanding of the programming and implementation of various EU funding schemes and programmes and their interrelations. In particular, his knowledge spans across the EU’s energy, environment, sustainable development, competitiveness, research and innovation, enlargement and external policies and the associated funding schemes and programmes such as FP6/7, Horizon 2020, CIP Eco-innovation, LIFE/LIFE+, Structural Funds and EuropeAid.

Ömer is involved on a daily basis in the conception and development of new Horizon 2020 proposals, while at the same time overseeing the implementation of Geonardo's ongoing Horizon 2020 projects. He is an environmental engineer from Istanbul Technical University (ITU) and holds an MSc in Environmental Management from Aalborg University (AAU).


Ömer Ceylan
Ömer Ceylan
Managing Director