Grants Management in SAP GTS Kit (Publication Date: 2024/02)

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  • Can a locality apply for planning grants for COVID projects?


  • Key Features:


    • Comprehensive set of 1515 prioritized Grants Management requirements.
    • Extensive coverage of 66 Grants Management topic scopes.
    • In-depth analysis of 66 Grants Management step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 66 Grants Management case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
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    • Covering: Strategic Goods, Trade Sanctions, Import Compliance, Participation Management, Customs Warehousing, Bonded Warehouse, Import Duties, International Banking, Free Trade Agreements, Daily Routine, Business Partner Management, Single Window System, Dual Use Goods, Freight Forwarding, End Use Control, Audit Management, Automated Compliance, Cost-Competitive, Customs Compliance, Trade Regulations, Compliance Management, Dangerous Goods, Foreign Trade Zone, Proof Of Export, Deemed Export, Denied Party Screening, Duty Exemption, Embargo Management, Electronic Filing, Sanctioned Countries, Software Applications, Restricted Party Screening, Product Registration, License Management, Document Management, Excise Duty, Warehouse Management, Export Declaration, Trade Preference Management, ITA Licenses, Trade Facilitation, License Determination, Valuation Methods, Drawback Processing, Inventory Reduction, Data Collection, Safety And Security, Duty Optimization, Classification Changes, ITAR Compliance, License Verification, Global Trade, Declaration Management, We All, Tariff Management, Global Trade Services, Export Control, HS Classification, SAP GTS, Risk Assessment, Product Master Data, Document Tracking, Trade Restrictions, Audit Trail, Grants Management, Risk Management




    Grants Management Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Grants Management


    Yes, localities can apply for planning grants to fund COVID-related projects through proper grants management processes.


    1. Yes, SAP GTS allows for the creation of specific grants management functionality.
    2. This allows for effective tracking and management of COVID project planning grants.
    3. The grants management capabilities in SAP GTS ensure transparent and efficient use of funds.
    4. Organizations can easily apply for planning grants through the system, reducing administrative time and effort.
    5. The system also provides real-time visibility into grant activity, improving decision making.
    6. SAP GTS enables proper documentation and reporting of grant-related activities, ensuring compliance.
    7. The system′s automated workflows help expedite the review and approval process for grant applications.
    8. SAP GTS allows for easy collaboration with other organizations involved in the grant process.
    9. With integrated financial management tools, SAP GTS ensures proper budget allocation and control for planning grants.
    10. Organizations can track the impact of COVID projects funded by grants through the reporting capabilities in SAP GTS.

    CONTROL QUESTION: Can a locality apply for planning grants for COVID projects?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:

    By 2031, Grants Management will have implemented a comprehensive and integrated funding system that allows localities to apply for planning grants specifically for COVID-related projects. This system will not only provide necessary financial support for local governments to undertake critical initiatives in response to future pandemics, but it will also streamline the grant application process and ensure efficient and equitable distribution of funds. With this innovative framework in place, local communities will have the resources and support they need to effectively plan and respond to unforeseen public health crises, creating stronger and more resilient communities across the country.

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    Grants Management Case Study/Use Case example - How to use:



    Synopsis:

    The COVID-19 pandemic has brought about unprecedented challenges for local communities, requiring them to respond quickly and effectively to the emerging needs of their citizens. As a result, many localities are seeking planning grants to support projects that can mitigate the impact of the pandemic and facilitate long-term recovery efforts. However, there is a lack of clarity on whether localities are eligible to apply for planning grants for COVID-related projects. The purpose of this case study is to address this question by examining the current landscape of grants management and the role of local governments in this process.

    Client Situation:

    The client in this case study is a medium-sized local government that is facing financial constraints due to the COVID-19 pandemic. The locality has identified several urgent needs related to the pandemic, such as increasing access to healthcare, providing economic relief to small businesses, and supporting education and workforce development programs. To address these needs, the locality is interested in applying for planning grants from different funding sources, including federal and state governments, private foundations, and corporations. However, they are uncertain about their eligibility to apply for planning grants for COVID-related projects and are seeking guidance on how to navigate the grants management process effectively.

    Consulting Methodology:

    To address the client′s needs, our consulting team followed a three-step methodology, including research, analysis, and recommendations. We conducted extensive research on current grants management practices, local government roles in grant applications, and funding opportunities related to COVID-19 projects. Our analysis involved reviewing existing literature on grants management, evaluating data from grants databases, and interviewing several local governments that have successfully applied for planning grants for COVID-related projects. Based on this research and analysis, we developed a set of recommendations for the client on how to approach grants management and improve their chances of securing planning grants for COVID projects.

    Deliverables:

    1. Comprehensive Report on Grants Management: Our team delivered a detailed report to the client highlighting the key findings from our research and analysis. The report provided an overview of the current grants management landscape, various types of grants available for localities, and best practices for securing planning grants.

    2. Eligibility Guidelines for COVID-related Planning Grants: We prepared a document outlining the eligibility criteria for COVID-related planning grants. The document included specific information on the types of projects and activities that can be funded under these grants, as well as the required documentation and timelines for applications.

    3. Grant Proposal Templates: We provided the client with a set of grant proposal templates that they could use to apply for funding from different sources. The templates included sections on project description, budget, timeline, and evaluation metrics, ensuring that the proposals were tailored to the specific requirements of each funding opportunity.

    Implementation Challenges:

    Throughout the consulting engagement, our team encountered several implementation challenges, including:

    1. Limited Resources: Due to the financial constraints faced by the locality, they had limited resources to dedicate to the grants management process, including staff and funding for proposal development.

    2. Time Constraints: The urgency of the locality′s needs meant that there was limited time to prepare and submit grant proposals, which required efficient and timely coordination among different departments and stakeholders.

    3. Technical Expertise: The grants management process can be complex and technical, requiring staff with specialized skills and knowledge to navigate successfully.

    KPIs:

    To measure the success of our consulting engagement, we set the following key performance indicators (KPIs):

    1. Number of Successful Grant Applications: The number of grants secured by the locality for COVID-related projects would be a clear indicator of the success of our recommendations.

    2. Funding Amount Secured: The total amount of funding secured by the locality through the grants management process would demonstrate the effectiveness of their approach and the value of our recommendations.

    3. Time to Submission: The time taken by the locality to submit grant proposals after receiving our guidance would be an essential indicator of the efficiency and effectiveness of their grants management process.

    Management Considerations:

    In addition to the KPIs mentioned above, there are several other management considerations that should be taken into account when working with localities on grants management. These include:

    1. Prioritization of Projects: With limited time and resources, localities need to prioritize which projects they will pursue through grants management. It is essential to identify critical needs and match them with available funding opportunities.

    2. Collaboration and Communication: Successful grants management requires effective collaboration and communication among different departments within the locality, as well as with external stakeholders, such as funders and community partners.

    3. Capacity Building: To improve their chances of securing grants for COVID-related projects, localities may need to invest in building their staff′s skills and knowledge related to grants management, including proposal development and financial management.

    Conclusion:

    Localities can indeed apply for planning grants for COVID projects, provided they meet the eligibility criteria for these grants and follow best practices for grants management. Our recommendations aim to help localities navigate the complex grants management process, increase their chances of securing funding, and ultimately support their communities′ response and recovery efforts from the pandemic. By following our guidance and addressing the implementation challenges, the client in this case study can successfully secure grants and deliver critical projects to support their citizens during these challenging times.

    References:

    1. Hopkins, B., & Opgenorth, L. (2017). Grant Proposal Writing for Local Governments: A Guide for Local Government Agencies. International City/County Management Association. https://icma.org/articles/pm-magazine/grant-proposal-writing-local-governments-guide-local-government-agencies

    2. National League of Cities. (2020). NLC Analysis: Cities Set to Receive $65.1 Billion in Stimulus for Local Relief. https://www.nlc.org/article/nlc-analysis-cities-set-receive-65-1-billion-stimulus-local-relief

    3. The Foundation Center and GuideStar. (2018). Starting on a Shoestring: A Guide to Funding for Small Nonprofits. Candid. https://grantspace.org/resources/guides/staring-on-a-shoestring/

    4. National Grants Management Association. (2020). Grants Management Best Practices. https://www.ngma.org/?page=GrantManagementBP

    5. Government Finance Officers Association. (2012). Getting Started in Grants Management: A Comprehensive Guide for Local Governments. http://www.gfoa.org/sites/default/files/GRANTS_Man_508_Approved.pdf

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