Resource Management Model

Principles of the Resource Management Model

The principles underlying the Resource Management Model include:

• Distributes revenues to the Resource Responsibility Centers that generate the revenues, and in a manner that is transparent, easy to understand, and informed by data
• Allocates central administrative and support service costs to Resource Responsibility Centers that benefit from those services
• Insures a greater role for budget advisory committees that will provide advice for budgeting decisions
• Provides university units with the flexibility to create "Strategic Reserve Funds" to be used for strategic multiple-year initiatives and for managing unexpected fluctuations of revenues or expenses