Grants play a significant role in implementing and funding federal programs. The federal government's use of grants to achieve national objectives and to respond to emerging trends, such as changing demographics and changing threats to homeland security, has grown significantly in the last two decades. While federal grant funding has been increasing, long-standing concerns remain about the federal government's grants management and the lack of effective oversight tools to reasonably assure that grants are used for their intended purposes and that risks of fraud, waste and abuse are minimised. This book presents the grant management process as well as ways to improve oversight and accountability of federal grants.