AM25: Tools for Driving Impact With Strategic Resource Allocation

The Institutional Viability Metric (IVM) is a strong predictor of financial risk that incorporates measures of financial position, market demand, and student outcomes to create a dynamic and timely view of an institution’s health. During this session, the presenters will speak to why it’s important to conduct this kind of assessment, when it is most valuable, and how it differs from and intersects with the annual budgeting process. They will also discuss changes they’re making to resource allocation because of this assessment work and the impact on their institutions.

Learning Objectives

• Describe how the IVM is calculated and how it can be used to assess institutional health. 
  
• Utilize a step-by-step approach to assessing current state resource allocation and identifying opportunities for reallocation. 
• Recognize challenges that can arise in conducting resource analysis and ways to mitigate these challenges. 

CPE Available: 1.5 Credits in Management Services

Each individual must register and attend separately to earn credit.

NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org

Event Information

• Level: Intermediate
• Prerequisites: Minimum 1-2 years of experience as a professional in higher education or a related private industry.
• Advanced Preparation: None
• Delivery Mode: Group internet based
• Field of Study: Management Services
• Length: 75 minutes

Steps to Earn CPE Credit

You can only earn credit for attending the session live. CPE credit cannot be earned for watching the recordings.

To earn CPE credit, you will complete the following tasks under the Content tab, after the session has ended:

1. Pass the CPE codeword quiz. Write down the codewords posted in the Zoom chat at random times throughout the session and complete the quiz at the end of the session. 
2. Submit the CPE check-out code displayed at the end of the session. 
3. Download your CPE certificate. 

You have until 5 pm Eastern Time on Wednesday, July 30, to complete these three steps or report technology issues with this site to online@nacubo.org.

For more detailed instructions, review the CPE Instructions page.