ERIC Number: ED327111
Record Type: RIE
Publication Date: 1990
Reference Count: N/A
Tough Choices: A Guide to Administrative Cost Management in Colleges and Universities.
Cresap, Rosslyn, VA.
This guide is a product of a study conducted as part of a broader effort by the Department of Education to identify the causes of rising college costs and find and disseminate ways to contain these costs. In institutions of higher education most costs are manageable and can be contained without jeopardizing key services. This can be achieved by designing and conducting a comprehensive cost-management study incorporating all aspects of an institution's support services. Such a study is based on the premise that there are four factors that determine success in achieving those goals: the university's strategy, the work it performs to pursue that strategy, the way in which the work is organized, and the actual results. An effective cost-management study should be holistic, long term, strategic, focused on people and work, and alert to cost/benefit tradeoffs. It should include seven basic components: (1) project definition and planning; (2) fact-finding; (3) analysis; (4) recommendation development; (5) implementation planning; (6) implementation; and (7) communication. The result of the study should be a series of recommendations to improve services and reduce costs, and may be categorized as follows: structure, service definition and delivery, alternative funding, work procedures, operational redundancy, management organization and productivity. (LPT)
Descriptors: Budgeting, College Administration, Cost Containment, Cost Effectiveness, Cost Estimates, Evaluation Methods, Expenditures, Higher Education, Organizational Effectiveness, Program Development, Program Implementation, Resource Allocation, Services, Systems Analysis
Cresap, 10019 19th St. N., Suite 1500, Rosslyn, VA 22209-1722 or U.S. Department of Education Office of Planning, Budget and Evaluation, Room 4049, 400 Maryland Ave., S.W., Washington, DC 20202-4110.
Publication Type: Guides - General
Education Level: N/A
Audience: Administrators; Practitioners
Sponsor: Department of Education, Washington, DC. Office of Planning, Budget, and Evaluation.
Authoring Institution: Cresap, Rosslyn, VA.
Identifiers: Cost Management Studies