The PRR and Linked Institutional Planning

and Budgeting

Lisa Marie McCauley, King’s College, VP/CFO

The PRR Overview

1. Executive Summary 2. Response to Recommendations from

Previous Evaluation 3. Major Challenges and/or Opportunities 4. Enrollment and Financial Trends and

Projections 5. Assessment Processes and Plans 6. Linked Institutional Planning and Budgeting

Processes

Linked Institutional Planning and Budgeting

Use Standard 2:

Planning, Resource Allocation and Institutional Renewal as the primary context.

Characteristic of Excellence, pp.4-8

Standard 2: Components

Ongoing planning and resource allocation (2-3)

Based on mission and goals (1) Develops objective to achieve (2-14) Utilizes results of assessment activities (7-14) Implementation and Evaluation of strategic

plan and resource allocation (2,3,7) Supports development and change to

improve and maintain institutional quality

Informational Needs

Strategic Plan w/ objectives defined Enrollment Analysis

Historical and projected Financial Analysis

Historical and projected Assessment Analysis

Implementation and evaluation

Linkage

Strategic Planning Process

Master Plan (Facilities) & Technology Plan

Resource Allocation Cycle

Report Integration (supporting documentation)