What is 'initial draft' in SAP PSM-GM - Grants Management?

initial draft - Overview

• Component: PSM-GM

• Component Name: Grants Management

• Description: The first status in the lifecycle of a grant in GM, assigned when the grant is first created, but before it has become a formal proposal to be submitted to potential sponsors. In this status, there are no restrictions on processing the grant.

initial draft - Details

• 
  Key Concepts: 
  Initial Draft is a feature in the SAP PSM-GM Grants Management component that allows users to create a draft of a grant proposal before submitting it for review. This feature allows users to make changes and adjustments to the proposal before submitting it for review, ensuring that the proposal is as accurate and complete as possible. 
  
  How to use it: 
  To use the Initial Draft feature, users must first create a grant proposal. Once the proposal is created, users can select the “Initial Draft” option from the menu. This will open up a new window where users can make changes and adjustments to the proposal before submitting it for review. 
  
  Tips & Tricks: 
  When using the Initial Draft feature, it is important to take your time and make sure that all of the information in the proposal is accurate and complete. Additionally, it is important to double-check all of the information before submitting the proposal for review. 
  
  Related Information: 
  For more information on using the Initial Draft feature in SAP PSM-GM Grants Management, please refer to the official SAP documentation. Additionally, there are many online tutorials and resources available that can help users learn how to use this feature.