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When developing a grant application, what is the most effective tool for demonstrating program benefits?

  1. Cost studies

  2. MAPP model

  3. PATCH method

  4. Tracer method

The correct answer is: Cost studies

Using cost studies as a tool in a grant application is highly effective for demonstrating program benefits because they provide a clear analysis of the financial implications and value of the program. Cost studies detail the expenses involved in program implementation and can also evaluate the cost-effectiveness compared to alternative approaches. By presenting data that shows how the program can deliver positive outcomes relative to its cost, it helps potential funders understand the financial viability and potential return on investment. This financial perspective is crucial for decision-makers who often need to rationalize funding based on budgetary constraints and expected impacts. Cost studies can enhance the credibility of the application by evidencing that the program is not only beneficial but also an efficient use of resources. Other methods, like the MAPP model or PATCH method, focus on strategic planning and community involvement rather than providing a direct financial analysis, which may not align as closely with demonstrating program benefits in economic terms. The Tracer method, while useful in assessing program quality and outcomes, does not specifically highlight the financial benefits. Therefore, cost studies stand out as the most impactful tool for showcasing program benefits in a grant application context.