800.10 Introduction
Modified on: Wed, Mar 26 2025 11:16 AMGrant management is the comprehensive process of overseeing all activities related to a grant. The process includes managing the major steps of a grant lifecycle: application, award, performance, & close out. The grant coordinator, program coordinator and grant accountant work closely together throughout the grant cycle to ensure a successful, compliant outcome.
During the performance period, the grant coordinator, program coordinator and grant accountant must establish a robust administrative system to support the effective implementation of the project. The system includes financial management, cost and expenditure monitoring and allocation, progress reporting, procurement and adherence to grantor guidelines. Additionally, compliance with relevant organization policy, as well as federal, state and local laws, regulations and accounting standards is necessary to maintain transparency and accountability. It is essential for all parties to maintain open communication in order to fulfill reporting obligations. Maintaining positive relationships helps ensure a successful project trajectory and is beneficial for securing future funding opportunities.