Managing risk

Funders must balance trust in service providers against ensuring that public money is used effectively. As well, funders need ways to manage risk and monitor expected outcomes. The Good Practice Funding website has information about how to assess, identify, balance and manage risk.

This paper from the Community Economic Development Action Research Project covers processes for engaging with communities, key challenges in building a meaningful relationship with communities/community groups and emergent principles of engagement that can be considered in future work. Department of Labour (2003).