Project Milestones
| Date | Description |
| January 2005 | University’s fEC Project commenced (Project established for the introduction of fEC at Cambridge) |
| February 2005 | Commence process of communication and discussion with Schools and Departments. Setting up of management structure to oversee the Project Commence project staff recruitment |
| April 2005 | Internal Audit of TRAC costing model (enabling university to apply its fEC rates). |
| May 2005 | First round of fEC University wide seminars. |
| June 2005 | First University Estates/Indirect cost rates produced for grant period 1 Sept 2005-31 Jan 2006. Commence training of PIs/Department staff on the new methodology and new costing software. |
| July 2005 | Final date for the acceptance of (pre-fEC) Research Council application forms. |
| August 2005 | Introduction of pFACT (costing system to replace RSD1A). |
| September 2005 | Introduction of fEC |
| January 2006 | Finalisation of first stage of Major Research Facility costing |
| February 2006 | Introduction of new fEC rates for period Feb 2006 – Jan 2007. First stage of embedding fEC within RSD |
| April 2006 | First university report detailing all research applications (fEC and non-fEC) distributed to Senior Managers and Schools. |
| May 2006 | Second round of fEC University wide seminars held. First Research Council grants awarded under the fEC system. |
| Sep 2006 | First university report detailing research awards (fEC and non-fEC) distributed to Senior Managers and Schools |
| October 2006 | Introduction of an Annual Time Allocation Survey. |
| January 2007 | First university report detailing all research expenditure (fEC and non-fEC) distributed to Senior Managers and Schools
fEC expenditure reports to School Senior Managers. fEC Rates updated. Two additional Major Research Facilities introduced |
| February 2007 | Final embedding of fEC in RSD. |
| March 2007 | Launch of Sector wide TRAC Teaching initiative by HEFCE. |
| June 2007 | Sector Benchmarking of TRAC Teaching. |
| September 2007 | Introduction of TRAC Teaching Data Review Process – with Secretaries of the Schools and School Finance Managers. |
| October 2007 | Incorporate new TRAC Teaching guidelines. Review of fEC Project by Director of MISD and advisor to Registrary. |
| November 2007 | Annual Review of Time Allocation Survey Results with Schools and Heads of Departments. Incorporation of new TRAC/fEC requirements relating to facilities and technicians. fEC Project Board agree successful completion of fEC Project |
| January 2008 | Submission of University’s TRAC Return to HEFCE |
| February 2008 | Submission of University’s TRAC Teaching Return (interim) to HEFCE. Implementation of new University fEC Rates Full TRAC/fEC Report to PRC |
| April 2008 | PRC approve University’s TRAC Teaching Return (final version) TRAC Teaching Return (final) submitted to HEFCE |
| July 2008 | Quality Assurance Validation – Audit Visit |
| August 2008 | Quality Assurance Validation – Final Report. The University was found to be in full compliance with the TRAC/fEC guidance. |
| November 2008 | Final embedding of all ongoing project activities |