Ensuring Your Academic Programs Provide Positive Outcomes: Decisions about a program's future should go beyond simply "keep" or "eliminate." Using AROI as a cost-effectiveness measure can expand the options under consideration.

Autor:	MacLeod, Carol
Předmět:	COST effectiveness COST control PUBLIC spending BUDGET FINANCIAL planning ACADEMIC programs
Zdroj:	School Business Affairs; May2024, Vol. 90 Issue 5, p13-15, 3p
Abstrakt:	The article discusses the importance of using Academic Return on Investment (AROI) as a cost-effectiveness measure when making decisions about funding educational programs. AROI involves scientifically evaluating the cost-effectiveness of academic programs and allocating resources accordingly. It emphasizes the need to prioritize programs based on their outcomes and cost analysis. The article highlights the importance of collaboration between academic and financial leaders in making budgetary decisions and suggests that AROI can help introduce objectivity into decision-making. It also provides guidance on how to conduct AROI analysis and make informed decisions about program funding. [Extracted from the article]
Databáze:	Complementary Index
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