Virginia Tech Performance Budget Model and Academic Decision Support System Ken Smith 2017 Commission on Information, Management & Analysis Summer Meeting Burlington, Vermont
Virginia Tech Performance Budget Model and Academic Decision Support System Like many large universities VT is pursuing a budget decentralization strategy. VTs chosen approach, a performance budget model, requires parallel development of an extensive decision support system Our goal is a shared data commons that supports not only budgetary but multiple types of decision making Components Metrics - Definitions Shared Goal Setting Related Values for Achieving Goals Characteristics Comprehensiveness Customization Continuous Calibration Complexity
Academic Decision Support System
Insights Platform - Decision Support View for Enrollment Goal Setting Performance Bands 4 Year Projection – predictive model and college manually entered 5 Year Historical Trend 1 Year Budget/ Goal Peer Comparisons
Sample Application - Student Success – Graduating Students
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