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Development of effective partnerships often takes
time and considerable resources and goodwill to achieve the expected
benefits.
Here are some typical questions that the
person responsible for the success of the partnership will
face:
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Q: What funding opportunities can support my project?
A: Applying for funding can be complex and researching the options
will take time. There will be different funding programmes to suit
different projects. For instance, do you need revenue or capital
funding? How many people are you employing? Is it appropriate to
go for short term support or do you need a big scale grant? There
is a range of funding opportunities but only a few may be
appropriate.
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Q: What are the implications to my organisation if we access funding? A: Each funding opportunity has its own financial and administrative
implications and you need to check these out carefully. Whether the
project will continue to succeed depends on your auditing, costing and
financial control. You will need to continue checking defined aims and
objectives to ensure you are sticking to your remit. |
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Q: Why do I need a partnership? A: Even the largest organisation cannot do everything by itself and
funding programmes often stipulate that you must involve other
organisations. The European Union requires partnerships with more than
one Member State. Other organisations bring skills, experience and
resources to your project, making it more viable. |
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What are the key features of a well-managed project? A: An awareness of the funding programme regulations and financial
systems make the project run smoothly. Also, well-managed projects have
chosen the best funding method for them, ensuring that funding doesn't
run out. A well chosen partnership with good management skills will also
make a project more successful. |
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Q: How do I ensure there is a clear audit trail of all activities and
expenditure? A: If you are the lead partner, the buck stops with you and you must
ensure you get everything right from the start. You need to work closely
with your partners to ensure recording, management and control systems
are in place right at the beginning. |
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Q: What systems do I need to ensure are in place? A: You should have adequate project management, administration and
finance staff with the ability to record all the project activities and
related expenditure. It is vital to set up a project steering group to
ensure the project goes in the right direction and its performance is
monitored. You need comprehensive audit systems and a good system of
feedback. |
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