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Working Group 2: Planning, Resources, and Institutional Renewal

Standard 2: Planning, Resource Allocation, and Institutional Renewal
An institution conducts ongoing planning and resource allocation based on its mission and goals, develops objectives to achieve them, and utilizes the results of its assessment activities for institutional renewal. Implementation and subsequent evaluation of the success of the strategic plan and resource allocation support the development and change necessary to improve and to maintain institutional quality.

Fundamental Elements of Planning, Resource Allocation, and Institutional Renewal
An accredited institution is expected to possess or demonstrate the following attributes or activities:

  • goals and objectives or strategies, both institution-wide and for individual units that are clearly stated, reflect conclusions drawn from assessment results, are linked to mission and goal achievement, and are used for planning and resource allocation at the institutional and unit levels;
  • planning and improvement processes that are clearly communicated, provide for constituent participation, and incorporate the use of assessment results;
  • well defined decision-making processes and authority that facilitates planning and renewal;
  • the assignment of responsibility for improvements and assurance of accountability;
  • a record of institutional and unit improvement efforts and their results; and
  • periodic assessment of the effectiveness of planning, resource allocation, and institutional renewal processes.

Standard 3: Institutional Resources
The human, financial, technical, physical facilities and other resources necessary to achieve an institutionís mission and goals are available and accessible. In the context of the institutionís mission, the effective and efficient uses of the institutionís resources are analyzed as part of ongoing outcomes assessment.

Fundamental Elements of Institutional Resources
An accredited institution is expected to possess or demonstrate the following attributes or activities:

  • strategies to measure and assess the level of, and efficient utilization of, institutional resources required to support the institutionís mission and goals;
  • rational and consistent policies and procedures in place to determine allocation of assets;
  • an allocation approach that ensures adequate faculty, staff, and administration to support the institutionís mission and outcomes expectations;
  • a financial planning and budgeting process aligned with the institutionís mission, goals, and plan that provides for an annual budget and multi-year budget projections, both institution-wide and among departments; utilizes planning and assessment documents; and addresses resource acquisition and allocation for the institution and any subsidiary, affiliated, or contracted educational organizations as well as for institutional systems as appropriate;
  • a comprehensive infrastructure or facilities master plan and facilities/infrastructure life-cycle management plan, as appropriate to mission, and evidence of implementation;
  • recognition in the comprehensive plan that facilities, such as learning resources fundamental to all educational and research programs and the library, are adequately supported and staffed to accomplish the institutionís objectives for student learning, both on campuses and at a distance;
  • an educational and other equipment acquisition and replacement process and plan, including provision for current and future technology, as appropriate to the educational programs and support services, and evidence of implementation;
  • adequate institutional controls to deal with financial, administrative and auxiliary operations, and rational and consistent policies and procedures in place to determine allocation of assets;
  • an annual independent audit confirming financial responsibility, with evidence of follow-up on any concerns cited in the auditís accompanying management letter; and
  • periodic assessment of the effective and efficient use of institutional resources.
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