Full Cost Recovery Essentials

Full Cost Recovery Essentials

Purpose

Designed in a highly participatory style, this two-day course will build the skills and confidence of NGO managers and staff to:

  • Identify, manage and control indirect costs
  • Ensure NGOs are fully costing their programs
  • Ensure that donors (where possible) pay the full costs of projects they are funding

Target Audience

This course is designed specifically for NGO program, operations and finance staff, who need to develop a comprehensive and consistent approach to cost recovery. The course is primarily aimed at:

  • Senior Managers of NGOs, such as Program and Finance Managers who develop systems, tools and policies to manage indirect costs  and
  • International NGO staff who manage partner relationships, such as Desk Officers or Project Officers who can advise their partners on full cost recovery.

The course is most likely to be relevant to small to medium-sized organizations. It may not go into sufficient detail for the very large NGOs who are already systematically managing their overheads and core cost budgets.

Key Takeaways

By the end of the workshop, you will be able to:

  • List key reasons why it is important to prepare and manage an indirect cost budget
  • Identify indirect versus direct costs
  • Use different methods of allocating and apportioning indirect costs to projects to create a fully costed project budget
  • Apportion costs on a fair and justifiable basis and use the contribution analysis technique
  • Design a policy for cost recovery
  • Maximize use of all funding sources.
  • Implement cost recovery best practices
  • Assess funding contributions to indirect costs and take appropriate strategic decisions
  • Appreciate the benefits of addressing the challenges of funding core costs, and negotiating openly and confidently with donors

Learning Approach

We provide accessible learning solutions for those creating social impact. Our practical expertise will inspire and equip your organization to meet challenges in a changing world.

Practice areas

Finance

In-house client workshops

All of our courses may be offered as in-house client workshops. Please click here for more info

 

Next steps

For pricing, agenda and venue information please follow the orange 'Full info' links next to each location in the panel above which will provide this information, and follow the instructions to register. Please get in touch with us via the form below to discuss a group booking, or any other query for this workshop.