This paper describes a program to measure institutional effectiveness that involved development of an inventory checklist designed to stimulate faculty input on how student performance-related outcomes are measured and to evaluate current program effectiveness. The checklist, designed to be administered in an interview format, focused on three particular areas: (1) departmental mission, intended educational outcomes, and written methods of assessment for evaluating program effectiveness; (2) direct indicators for assessing students' knowledge and skills, including capstone courses, portfolio assessments, licensure, certification, professional exams; and indirect indicators for assessing students' and others' opinions of their learning, including student course evaluations, employer surveys, student exit interviews, and alumni surveys; and (3) using inventory results to identify needed program improvements and additional resources such as training, personnel, and technology. The paper concludes that using the inventory checklist provides a non-threatening way to assess student outcomes, and offers an excellent opportunity for initiating a systematic and continuing process for institutional effectiveness and educational improvement. The checklist is appended. (Contains 12 references.) (CH)