Costing and Pricing of Research - 20/22 November 2023

11:00am Monday, 20 November 2023
1:30pm Wednesday, 22 November 2023
Master Class

Time listed as AEST (April to September) or AEDT (October to March).

This elective is delivered over two (2) partial days:

  • Monday 20 November 2023, 11:00AM - 1:30PM
  • Wednesday 22 November 2023, 11:00AM - 1:30PM

Participants are required to attend both sessions.

An important skillset for any Researcher, Research Administrator, Research Manager, Department Finance Officer or Commercial Manager is to be able to effectively cost and price research projects. With this is in mind the ARMS Costing and Pricing of Research training module has been developed to provide participants with a comprehensive understanding of Research Project Costing and Pricing to ultimately ensure there are enough resources for a project to be successfully completed within the project scope and ensure that key Organisational and Investor requirements have been considered.

On completion of the module, the participant will have an increased understanding of:

  • How the external environment influences costing and pricing;
  • Key costing and pricing terminology;
  • The key considerations and elements of effectively costing and pricing a research project;
  • The principles and components of the full cost of research;
  • Competitive neutrality and its requirements for costing and pricing;
  • Medical Trials Costing and Pricing;
  • Costing and pricing a research project based upon specific funding rounds and funding agency requirements;
  • Key considerations when costing and pricing a research project in New Zealand, Singapore and for US Federal Government Grants;
  • Submitting a compelling funding request; and
  • Where to get assistance in their Organisation.

Who should attend?

This Master Class is suitable for Researchers, Research Administrators and Research Commercial Managers involved in the costing and pricing of Research Projects.

Whilst this Master Class specifically focuses on the University environment, there are many components which apply equally to other research institutions such as Cooperative Research Centres (CRCs), Hospitals, Research Institutes, and other Research Organisations such as CSIRO.


Mr Chris Thompson


Zoom Meeting


ARMS Members: $450 per Master Class (GST inclusive) - Price will be discounted in the Shopping Cart.
Non-Members: $550 per Master Class (GST inclusive)

INORMS Sister Associations via the INORMS Sister Association Reciprocal Benefit Scheme (ISARBS): $450 per Master Class (GST inclusive) - Required to contact the ARMS Accreditation Program Administrator to arrange registration.


Members: Please login to your account and then continue your registration below.
Non-Members: Please sign into your free website user account or continue your registration.

Event Emails and Pre-reading:

  • You will receive a confirmation of registration email upon successful registration for this workshop. Pending payments may delay the email being sent. Please contact the ARMS Accreditation Program Administrator if you require assistance.
  • The link to the Body of Knowledge (pre-reading), any other relevant study materials, and Zoom details will be sent four (4 weeks) prior to the delivery date of the module.


At the end of the workshop, participants will be invited to complete a non-compulsory assessment; due two (2) weeks after receiving the link from the ARMS Executive Office.

Those participants who are currently enrolled in the Established Level Accreditation Program (ELAP), or intend to register within the next tweleve (12) months, are strongly encouraged to successfully complete the assessment as this will count as points towards the ELAP.


The Master Class does not form part of the formal Foundation Level Accreditation Program (FLAP) and will not be considered for credit as part of the FLAP requirements. The Master Class will be considered as credit towards the ARMS Established Level Accreditation Program (ELAP).


Accredited members (ARMAs and ARMFs) will automatically accrue 5 CPD hours for this Master Class.

We strongly recommend you test your ability to connect to Zoom prior to the first session.

If you have any questions, please contact the ARMS Accreditation Program Administrator or +61 8 8201 5592.


Should your circumstances change, and you are unable to attend this workshop, you must contact by no later than 10 working days prior to the commencement of the scheduled event. ARMS will refund the full registration fee minus any administrative fees.

Should you cancel less than 10 working days prior to the commencement of this workshop, no refund will be payable but instead you may wish to send a proxy.

ARMS reserve the right to cancel, postpone or re-schedule courses and events due to minimum numbers not being reached or for other unforeseen circumstances.  In the event of a cancellation, ARMS will aim to advise all participants in writing five (5) days prior to the scheduled event and will refund the full registration fee including administrative charges within 30 days after notification.

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If you have any questions, please contact the ARMS Accreditation Program Administrator or +61 8 8201 5592.

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