
A strong company still needs a clearly defined project.
Funders typically assess five core areas:
- Necessity
Why this project, and why now? - Scope of Work
Are the activities, deliverables and timeline clear? - Cost & Budget
Are the costs justified and proportionate? - Risk Reduction
What uncertainty will the project address? - Measurement
How will success be evaluated?
The clearer the project, the easier it is for a funder to understand what its contribution will achieve.
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