Why is grant administration important?

Regular monitoring enables organizations to assess the progress of the funded projects against predetermined targets. Grants managers evaluate whether the project is achieving its objectives, utilize funds efficiently and make necessary adjustments if challenges arise.

What does it mean to administer grants?

1. Serves as a primary point of contact concerning grant matters. 2. Plans, directs, coordinates, and manages the various grant functions, including application, awarding, modifying, closing out.

What makes a good grant manager?

Financial Acumen Understanding Budgets: Grant managers must create and oversee budgets that align with both the organization's goals and the grant's requirements. This involves forecasting expenses, monitoring cash flow, and adjusting the budget as projects evolve.

What is the difference between grant manager and grant administrator?

While the Grant Manager is responsible for overseeing the day to day operations of the grant, managing the budget, and approving expenditures, the Grant Administrator is responsible for connecting with the Grant Manager and confirming that the grant is progressing as planned.

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