Who is considered the owner of products or goods in grants?

Prepare for the CAST Project Management FG IV Test. Utilize flashcards and multiple choice questions, each with hints and explanations. Achieve success in your exam!

In grant management, ownership of products or goods typically rests with the grant recipient, rather than the funding entity such as the European Commission. The project beneficiary is more directly associated with the benefits derived from the grant rather than ownership. Therefore, the correct choice is the grant recipient, as they are the entity that receives the funds and is responsible for the implementation and delivery of the project. The grant recipient maintains ownership of the outputs generated from the project, including any goods or products created as a result of the funding. This structure ensures that the recipient is accountable for the use of funds and the management of the project's deliverables aligned with the grant's objectives.

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