Memorandum of Understanding - PowerPoint PPT Presentation

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Memorandum of Understanding

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Memorandum of Understanding Who What Where When How And also-Why bother? Formalize authorities Detail timelines Work out financial considerations Memorialize ... – PowerPoint PPT presentation

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Title: Memorandum of Understanding


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
Pros and Cons
  • 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

5
Is it worth it?
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