Book excerpt: MORE...Grantees must understand that managing grants effectively is a critical step of the grantsmanship process. The only book of its kind, Effective Grants Management covers the grants management process that begins when an applicant has been awarded private or public funding. If it is not done properly, grantees may find that it is impossible to secure continuation or new funding from a grantor. In the worst case scenario, grantees may be asked to return grant funds due to mismanagement. This valuable guide also contains key terms, case studies, examples of grants that were not managed effectively, and useful sample forms and templates.