FCR is a method of cost allocation which ensures all overheads are included in your budgets when you apply for project funding or bid for services. Overheads are costs that partly support the project, but also support other projects or activities that your organisation provides. These can include a proportion of salaries of core staff such as administrators, rent and utilities costs or your organisation’s legal and audit fees.
Failure to properly fund overheads can lead to instability, poor service delivery as well as jeopardising the sustainability of your organisation.
This half day workshop will equip participants with an understanding of full cost recovery as well as introducing the different tools and techniques needed to identify and analyse their organisations’ full costs for a specific project.