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What are my responsibilities as a PI in managing the project budget?

The Principal Investigator (PI) and Co-Investigator (Co-Pi or CO-I) will work with the Unit Research Administrator (at the department or college level) to successfully manage the project's budget and compliance aspects during the funding period. 

The PI will provide support for the project's fiscal integrity to include regular reconciliation statements, updates on remaining funds/spending rates, upcoming milestone commitments, and reporting deadlines.