1. Virginia Tech Performance Budget Model and Academic Decision Support System
Ken Smith
2017 Commission on Information, Management & Analysis
Summer Meeting
Burlington, Vermont

2. 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

3. Academic Decision Support System

4. 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

5. Sample Application - Student Success – Graduating Students

6. Thank you