The review panel consists of esteemed researchers in the field in question. The panel members have access to all applications assigned to the panel, barring conflicts of interest. Each application is assigned to at least two panel members who are asked to prepare preliminary review reports. In some cases, an application may be sent to a specialist who is not a member of the panel but who may provide additional knowledge pertaining to a particular field.
All preliminary review reports are made available to the panel members before or at the meeting. The panel reviews all applications assigned to it and prepares one joint review on each application, based on the discussions and the preliminary reviews. If required, Academy staff will assist the panel in preparing the final review reports.