Management Report

Abstract

This Final Management Report for the FLOODsite Project provides a summary of the resources and expenditure over the whole project. Detailed information on the costs is contained in the cumulative tabulations presented in the Year 5 Periodic report (T35-09-11) and are not repeated here. Details of the individual Partner Institution resources are contained in a separate Annex (report T35-09-14). This management report does not cover the progress of the project science, this is reported separately in the Publishable Final Activity Report (T35-09-09) and the Annual Activity report for Year 5 (T35-09-05) the latter report identifies that all the Deliverables of the Contract were achieved. Key messages from this final Management Report are: At the outset of FLOODsite, a total of 1421 person months were scheduled for completion of the project and the total EC grant to the project budget was set in the contract as €9.68 Million. By the end of Year 5 a total of 1725 person-months have been declared which is 121.4% of the originally planned project total. This is in line with the amount of effort anticipated at the end of Year 4. The “EC” costs1 incurred by the Consortium during the project amount to 105.6% of the maximum Commission grant to the budget and the Consortium anticipates that the grant payable will be restricted to the maximum amount of €9.68 Million. The Consortium has declared “Management Costs” of 6.946% of the maximum grant, which lies just within the 7% maximum allowance. The Management Costs include the fees paid by partners for external financial audit of their project expenditure as required by the Contract. The report concludes with a discussion of our experience of the process of procurement and management of the project. The points made here may be of value in the commissioning and management of similar large scale interdisciplinary, integrated research projects in the future