
Professional Activities
Project Financing
Most IEEE Sections have a
Professional Activities Committee for Engineers (PACE) as part of their
executive committee. Professional activities have become very important to
the membership in areas such as career development, employment assistance,
technology policy issues, professional education, government activities,
student professional awareness, and precollege mathematics, science, and
technology education. Many of these professional activities programs are
included in the section’s annual budget, but there are times when additional
funds are needed to initiate new activities. Sources of professional
activities project funds and the general procedure for requesting and
accounting for these funds are described below.*
The primary source of funds for
professional activities programs is the section’s operating budget. At the
beginning of each fiscal year, the section PACE chair submits a professional
activities program plan for the year, along with the estimated cost of the
proposed activities. The section chair, budget and finance committee, and/or
the executive committee approve the annual PACE budget as part of the
section’s overall operating budget. Some professional activities projects
bring in money from other sources or generate their own income (e.g., from
registration fees). However, if the section’s financial resources and
anticipated income from other sources are inadequate to advance the amount
required to promote and implement a proposed professional activities
project, the section PACE chair may wish to apply for Regional Professional
Development Funds. This is done through the Regional PACE Coordinator.
To request Regional Professional
Development Funds, the section must submit a Project Plan and Financing
Request form (attached) to the Regional PACE Coordinator (or Area PACE
Coordinator, in larger regions). This form describes the objectives of the
proposed project, the activities that will be undertaken to meet the
objectives, how the results of the project will be measured in relation to
the stated objectives, how many members will benefit from the project, the
schedule of events, the estimated cost, and the sources of funds. The form
must be signed by the Section Chair as well as the PACE Chair, as an
indication of the executive committee’s support. Without this support, the
project is less likely to benefit the maximum number of members and
consequently will not be approved.
Upon receipt of the Project Plan and
Financing Request, the Regional PACE Coordinator normally separates the
pre-event costs for promoting and initiating a professional activities
project from the variable costs, which are dependent upon attendance or
participation. A recommendation is then made to the regional director that
the up-front costs be paid prior to the event. If approved, the Regional
Treasurer issues a check to the Section Treasurer, payable to the IEEE
section.
There are several additional sources
of IEEE funds in support of professional activities projects. Sections often
are able to secure voluntary contributions from local business and industry,
especially for precollege math and science education projects. Most Regions
have funds for special projects whose costs exceed the financial resources
of a section. Your Regional PACE Coordinator can tell you the best source of
IEEE funds for your professional activities projects and the proper
procedures for requesting these funds.
A good professional activities
project not only will engage the local IEEE leadership and other volunteers,
but will also attract the money to be successful. Never let the lack of
funds keep a good idea from benefiting the professional needs of the
membership.
___________________________
*The information provided herein also is applicable to areas and councils
and to chapters dealing through sections within Regions 1 through 6.
PROFESSIONAL ACTIVITIES
PROJECT PLAN
AND FINANCING REQUEST
Calendar Year
20____
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1. PROJECT TITLE
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2. SPONSORING
SECTION/COUNCIL/AREA/CHAPTER:
REGION:
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3. TREASURER (Name, Address, Phone, E-mail)
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4. PROJECT MANAGER (Name, Address, Phone,
E-mail)
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5. STATEMENT OF OBJECTIVES
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6. PLANS FOR ACHIEVING OBJECTIVES
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7. HOW ACHIEVEMENT WILL BE MEASURED
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8. HOW MANY MEMBERS WILL BENEFIT FROM THIS
PROJECT?
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9. ACTIVITIES (list the major activities
required for project achievement and the targeted completion dates):
| Activities |
Dates |
| 1. |
|
| 2. |
|
| 3. |
|
| 4. |
|
| 5. |
|
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10. FUNDING REQUIREMENTS (refer to activities
above by number):
| Type of
Expense |
Amount |
| 1. |
|
| 2. |
|
| 3. |
|
| 4. |
|
| 5. |
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| TOTAL FUNDING REQUIRED |
|
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11. PROJECT FUNDING SOURCES
Region Funds:
Section Funds:
Project Income:
Other: |
12. DISBURSEMENTS
1) Regional Funds<
Advance disbursement (pre-event
cost):
Final disbursement:
TOTAL: |
13. PROJECT APPROVAL
| Name (Signature) |
Date: |
PACE Chair (Section/Area/Council/Chapter) |
|
Chair (Section/Area/Council/Chapter) |
|
Regional PACE Coordinator |
|
Regional Director |
|
|
After completion, send this form to
your Regional PACE Coordinator.
Reporting on Professional
Activities Projects
After a project is completed, the
project manager fills out a Professional Activities Project Report form
(attached) and sends it to the Regional PACE Coordinator. The first page of
this form lists the actual expenses incurred for the project and the income
from all sources. If Regional Professional Development Funds were used and
there is an outstanding balance, the Regional PACE Coordinator has a second
check issued to the section treasurer.
The Professional Activities Project
Report form also provides space to describe the project’s results. The
purpose of this section is to obtain feedback on the success or failure of
professional activities projects supported by Regional Professional
Activities Support Funds.
The Regional PACE Coordinator will
not approve a section’s request for additional funds unless Professional
Activities Project Report forms have been filed for all completed projects.
A well-written project report also may be considered for publication in
IMPACT.
Regional Professional Development
Funds are allocated to IEEE Regions 1-6. At the end of each calendar year,
the Regional PACE Coordinator is required to submit project reports on the
professional activities the region has funded. Only then will the IEEE-USA
treasurer release the next year’s allocation of Regional Professional
Development Funds.
Professional Activities Project
Report Form
Section/Council/Area/Chapter:
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Region:
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Project Title:
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Project Manager:
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Starting Date:
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Completion Date:
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Project Location:
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Number of IEEE members who participated
in or benefited from this project:
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PROJECT FINANCIAL REPORT:
| Cost Budgeted Cost:
Actual Cost:
Surplus (Deficit):
If deficit, are you requesting
additional Regional Professional Development Funds? ____Y ____
N |
Funding Sources:
Regional Funds:
Section Funds:
Project Income:
Other:
|
If deficit, are you requesting additional Regional
Professional Activities Funds? ( ) Yes ( ) No |
SUMMARY OF PROJECT RESULTS
Describe your professional activities project
(refer to original Project Plan and Financing Request Form). Include information such as
the following: Were the project activities carried out as planned? Did they accomplish
their intended objectives? What additional activities had to be undertaken? Was the
project completed on schedule? If not, what caused the delay? What problems were
encountered, and how were they resolved?
Attach additional sheets as necessary. |
What advice would you give to other IEEE
entities wishing to undertake similar projects?
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SUBMITTED BY:
Section PACE Project Manager |
DATE:
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APPROVED BY:
Regional PACE Coordinator |
DATE:
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Send completed form to your Regional PACE
Coordinator
| Top
of Page | PACE | IEEE-USA
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Last Update:
08 May 2007
Staff Contact: Sandra Kim, sandra.kim@ieee.org
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