M111: Responsible Grants Management Through Risk-Based Monitoring

  • Room: Platinum 1-2
  • Session Number:M111
Monday, July 18, 2022: 1:00 PM - 1:50 PM

Speaker
Elizabeth Smith
Assistant Regional Audit Manager
U.S. Department of Justice Office of the Inspector General
Moderator
James Gallagher
Principal
Castro & Company
Speaker
Justin Poll CGFM, MSIM
Acting Branch Chief
National Science Foundation

Description

Federal agencies have distributed trillions of dollars in grants to state and local governments, as well as private and non-profit organizations. However, risk-based monitoring practices vary among grant-making agencies. Come explore the risk factors in making decisions on monitoring, useful strategies, and best practices.


Key Take-aways

• Targeted opportunities exist in grant monitoring for offering technical assistance to grant recipients.
• Various grant monitoring activities, resources and tools are used, but some achieve better results than others.
• Certain risk factors color good monitoring decision-making.

Learning Objectives

Gain insight and understanding into the types of formal grant monitoring activities used by federal agencies, according to the size and scope of their programs. Review best practices for monitoring and reporting on complex grant programs. Learn how monitoring offers “coachable” moments for monitoring agencies and their grant recipients.