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Memorandum of Understanding

Memorandum of Understanding. Who What Where When How. And also-Why bother?. Formalize authorities Detail timelines Work out financial considerations Memorialize objectives. An opportunity to Partner. Leverage scarce funds Optimum use of personnel Reduce suspicion

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Memorandum of Understanding

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  1. Memorandum of Understanding Who What Where When How

  2. And also-Why bother? • Formalize authorities • Detail timelines • Work out financial considerations • Memorialize objectives

  3. An opportunity to Partner • Leverage scarce funds • Optimum use of personnel • Reduce suspicion • Develop measurable objectives • Validate each others work

  4. Buy-in from all MOU parties Avoid duplication of efforts Leverage funds Lots of up front meetings Overcome mistrust Identify lead – and agree to follow Schedules may conflict Rules may collide Pros and Cons

  5. Is it worth it?

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