Three phases of the project are identified: (1) measuring the cost, per student for each course of study; (2) calculation of the cost per student per course of study in the new institutions and analysis of the sensitivity of the cost per student to the number of students involved and the changes in the educational method; (3) measuring the return on investment in higher education, including the calculation of the internal rate of interest and the rate of return for the different courses. The conception and implementation of a management information system is described, including a definition of the administrative procedures, technical implementation, and staffing for the administrative tasks. A model is also described for forecast, simulation and resource allocation. This model, MSAR, includes a series of functional relationships connecting several submodels that make possible simulation of decision-making procedures applicable to an entirely new university. (LBH)