Sharing good practices
CFI staff members regularly discuss the management of projects with recipient institutions. We also perform monitoring visits at institutions. These provide us with the opportunity to obtain an understanding and assess the adequacy of the policies, practices, processes and controls in place for the management of CFI awards. During these interactions, we observe many good practices, which we’ve decided to share with you here. Practices span the full lifecycle of a CFI award and include, for example, strategic planning, proposal development, project implementation, sustainability, risk management, tracking of impacts and outcomes, communications, and the management of large initiatives.
We don’t necessarily recommend that all institutions adopt the practices listed below, since a practice that works well in one institution may not be appropriate for another operating in a different context. This is not a collection of requirements or guidelines, nor is it a means for the CFI to communicate its expectations. We simply hope that sharing these practices might help your institution manage CFI-funded projects.
Please send us your good practices so that we can then share them with others. Since practices will be updated periodically, we encourage you to visit this page regularly.
October 28, 2016To ensure that the significant investments made in CFI-funded projects deliver the expected benefits, the timely implementation and completion of projects is important. In some instances, significant...
October 28, 2016Setting realistic budgets at the proposal stage is important to mitigate the risk of changes that can significantly impact a project’s implementation or require additional financial contributions....
October 28, 2016When developing a proposal, an institution should ensure that all important aspects are considered, and that there is an appropriate internal review process in place. This can increase the likelihood...
October 28, 2016To properly manage CFI-funded projects, an institution must have adequate structures and functions in place as well as sufficient and appropriate resources. Some institutions have adopted a...
October 28, 2016Over the past few years, as research efforts move increasingly towards multidisciplinary teams and approaches, a rapidly growing number of institutions have implemented institutional core facilities...
To share a good practice with the CFI please contact:
Senior Financial Monitoring Officer
stephane.leroux [at] innovation.ca