Managing the administrative aspects of a sponsored research project is critical to meeting your fiscal, administrative and technical/scientific contractual obligations. Succeeding at these aspects of your award is as important as succeeding at technical/scientific aspects to establish good relationships with sponsors and builds credentials required to win more and larger research awards in the future. It is good practice to review the award management and reporting requirements even before you apply for a funding opportunity. Some sponsors allow you to hire an administrative project manager as part of your budget.
The following list covers the most common things to keep in mind when managing your sponsored research project.