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Key Elements for Successful Grants Management
 

This resource is designed to ensure that grantees keep in mind some key elements when managing grant funds to produce desired outcomes. The process of learning and navigating federal grants management may strengthen an organization's financial and program management systems for future undertakings.

Key Elements for Successful Grants Management

  • Develop a checklist of the Federal awarding agency's requirements, and follow them exactly.
  • Spend the grant funds exactly as specified by the terms of the grant agreement.
  • Regularly communicate with project staff and program officers and grants management officers.
  • If any deviation from agreement terms is necessary, request prior approval from the funding agency.
  • Submit performance and financial reports on time and as required by your agreement.
  • Maintain good record-keeping systems in preparation for program audits.
  • Monitor programs and services, ensuring alignment with overall project objectives.
  • Exercise due diligence and fiscal responsibility when carrying out the tasks supported by the grant.

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Key Elements for Successful Grants Management. HHS/ACF/OCS. 2008. English.