The paper considers a problem of financial resource allocation in a higher education institution. The basic financial management instruments and the multi-stage cost minimization model created are described involving financial instruments to constraints. Both societal and institutional factors that determine the costs of educating students are…

In many control systems changes in the dynamics occur unexpectedly or are applied by a controller as needed. The time at which a controller implements changes is not necessarily known a priori. For example, many manufacturing systems and flight operations have complicated control systems, and changes in the control systems may be automatically…

The current methodology of estimating load in the following year at Flinders University has achieved reasonable accuracy in the previous capped funding environment, particularly at the university level, due largely to our university having stable intakes and student profiles. While historically within reasonable limits, variation in estimates at…

Existing commercially developed resource planning models have been developed for institutional use without much attention to the local situation. The approach to faculty resource planning that this article outlines is broadly based and involves the local university community. (Author)

Presents a simple matrix that is used for budgeting the machine time, people, and equipment necessary to maintain and enhance administrative systems as well as to develop new systems in an organized fashion. (Author)

The work on which this article is based has been designed to identify only the most significant facets of future research and development and planning in terms of their potential impact on the economic aspect of society. (Author)

A microcomputer-based system to analyze both historical funding and current resource allocation patterns helped to prepare for an anticipated budget crisis at the University of Illinois at Chicago. The system also included a module which permitted decision makers to test resource allocation alternatives. (Author/MLW)

An 11-step model designed to maximize the desirable traits and minimize the side effects of competitive funding. (RA)

The project life cycle, a well-established concept in project management literature and education, is used to highlight the dynamic requirements placed on a typical project manager. As a project moves through the selection, planning, execution, and termination phases, the project manager and team are faced with different, vying areas of…

The development of theories to explain decision-making requires a model that identifies the factors relevant to decision-making. Seven sets of explanatory factors--called the "seven analytical A's"--should be analyzed. They include (1) axiological factors, or those related to values; (2) ten axiomatic factors comprising socioeconomic,…

Described is a planning process that integrates program, budget and facility concerns and requirements in a way that provides University of Utah administrators with alternatives that encourage them to initiate controlled change. Outlined are eight strategies and processes that deviate from the traditional total (institution-wide) comprehensive…

The perceived success of EDUCOM's Financial Planning Model (EFPM) and the relationship between success and organizational services--the integrator functions--that support EFPM's use are examined. The study finds that the integrator functions are significantly related to success. (Author/MLW)

This paper provides a brief overview of the conceptual approach used in the initial version of the WICHE Resource Requirements Prediction Model (RRPM-1). RRPM-1 is an institutional-oriented, computer-based model which simulates the cost of operating a college campus over a 3- to 10-year time frame. The model may be viewed as a management tool to…

The first section of this report on program costing with the CAMPUS simulation discusses the structuring process of Program Planning and Budgeting (PPB) systems, and emphasizes the ideas, rules, and principles for structuring resource data that have evolved during the 10 years of PPB existence. It also discusses the WICHE-PMS program…

A major challenge in higher education is to build evaluation models that first of all spell out various effectiveness measures and then related cost data. The Program Effectiveness and Related Costs (PERC) framework addresses this problem. The five components of PERC are outcomes, costs, students, learning programs, and faculty. An overview and…