Higher Education Budgeting

Published in the Chronicle of Higher Education, March 20, 2009

Facione, PA - January 24, 2009 - AAC&U Seattle, WA


"Getting Support and Budget for Your Great Idea,"
Project Kaleidoscope Essays by Facione, PA
Published in Volume IV: What Works, What Matters, What Lasts

Essay #1: Support and Funding from Your Chair, Dean and Provost

Essay #2: A Primer on Grants and Contracts

Budgeting at too many colleges and universities amounts to muddling from one year to the next. This is a poor enough way to function in good times; it can be fatal to an institution in bad economic times.
This essay describes the five essentials of successful budget building collaborations in higher education:
  • Involve people whose authority derives from responsible expertise.
  • Understand human decision-making risks, and guard against them.
  • Address questions of long-term importance to future of the institution.
  • Root out budget implementation practices that have negative results.
  • Structure positive budget incentives for all levels of the organization.

    [An abbreviated form of this essay emphasizing the principle of responsible expertise appeared in Academe,
    the magazine of the American Association of University Professors. November-December 2002, 45-48
   
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Peter A. Facione, Ph.D
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