In Horizon Europe lump sum grants, the structure of the work plan can have a direct impact not only on project implementation but also on the project's cash flow.
Using a practical example, this video explains what determines the amount of the pre-financing payment, how funding is provided during the project, and how splitting long-duration work packages can positively affect the project's cash flow.
Useful links:
Video TC Praha: Financial reporting and payments in HE projects
https://www.horizontevropa.cz/cs/e-learning/yiifelearning/107/financial-reporting-and-payments-in-he..
Chapters:
00:00-01:25 Planning of long-duration work packages
01:26-02:29 Factors affecting the project cash flow
02:30-04:56 Example
04:57-05:33 To split or not to split long-term work packages
05:34-05:56 Description of split work packages in the project proposal
05:57-06:48 Conclusions
Produced by TC Prague with the support of the project Deepening the Integration of the Research and Innovation Ecosystem of the Czech Republic into the European Research Area and support for intensive international cooperation of research organizations and companies in the Czech Republic in field of research, development and innovation (CZERA) - MS2103, supported by the Ministry of Education, Youth and Sports.