ERIC Number: ED378871
Record Type: Non-Journal
Publication Date: 1993
Reference Count: N/A
Opportunity Analysis and Selection: 50 or More Ways To Reduce Costs. Mendip Papers.
Kedney, Bob; Davies, Trefor
This paper discusses activity analysis and the identification of options as the first two stages of a structured approach to achieving budget savings at postsecondary institutions, focusing on schools and practices in the United Kingdom. It presents five checklists of opportunities for reducing spending and controlling costs. The checklists cover: (1) management staff costs; (2) other staff costs (including staff changes, resignations and dismissals, new appointments, and contractual changes); (3) capital assets costs; (4) non-staff recurrent costs (including security, insurance, utilities, catering services, professional services, finance and contract management, purchasing, examinations and validation, publicity and marketing, staff development, expense accounts, and hospitality); and (5) costing and pricing. The paper concludes that postsecondary institutions can eliminate waste and better utilize their limited resources through an analysis of their activities that focuses on the identification of possible budget savings. (MDM)
Descriptors: Budgeting, Capital Outlay (for Fixed Assets), Check Lists, College Administration, Cost Containment, Cost Effectiveness, Costs, Educational Finance, Financial Problems, Foreign Countries, Postsecondary Education, Retrenchment, Staff Utilization
Staff College, Coombe Lodge, Blagdon, Bristol, BS18 6RG, England, United Kingdom (5 British pounds).
Publication Type: Guides - Non-Classroom
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: Staff Coll., Bristol (England).
Identifiers - Location: United Kingdom