This document provides guidance on developing and managing grant budgets. It outlines a 3-step process for developing budgets: 1) identify total project costs, 2) organize budget items into categories by time and source, and 3) format the data according to the funder's requirements. Effective grant management includes developing a realistic plan, carefully monitoring progress and expenditures, and managing any unexpected issues. Maintaining clear documentation and communication with the funder is important for compliance and continued funding.