March 26th, 2014
The UA is making strides in developing a new budget model, Responsibility Centered Management, intended to make the University's budget process more transparent, more decentralized and more closely aligned with the goals of the University's Never Settle strategic academic and business plan.
Based on the initial recommendations of nine subcommittees, and review of these recommendations by the RCM Steering Committee, the development and iterative modeling and testing of the budget model has begun.
"The committees continue to work diligently to ensure that our new financial model represents our...Read More
October 2nd, 2013
The planning phase of the University of Arizona's new incentive-based, transparent budget model, Responsibility Centered Management, is moving ahead as expected.
The planning phase entails the nine subcommittees conducting research while carefully considering their charges and providing recommendations to the RCM Steering Committee. The RCM Steering Committee, encompassing a wide representation of campus stakeholders and the chairs of the nine subcommittees, will then review the recommendations and create a status report for President Ann Weaver Hart's review.
"The RCM planning process...Read More
July 17th, 2013
Planning is underway for the University of Arizona's transition to a new incentive-based, transparent budget model called Responsibility Centered Management.
This spring, nine subcommittees encompassing a broad representation of campus were established to focus on key subject areas. Committee members are convening regularly and have established guiding principles for their work.
"I am very excited to see that RCM is off and running with enthusiasm," said Andrew Comrie, senior vice president for academic affairs and provost, who is helping to lead the RCM effort. "I am especially impressed wi...Read More
January 29th, 2013
The University of Arizona is moving to a new budgeting model that increases budgets for colleges that teach more and decreases budgets to those that teach less.
Called responsibility-centered management, the model "includes the notion that there are units on campus where the dollars are generated, and some incentive should flow back so if colleges teach more, they should see more in return," Senior Vice President and Provost Andrew Comrie said in an interview.
In a memo issued Jan. 18, Comrie announced that a steering committee has been formed to create a report and recommendations addressin...Read More
January 18th, 2013
TO: The Campus CommunityFROM: Andrew Comrie, Senior Vice President for Academic Affairs & ProvostMilton Castillo, Senior Vice President for Business Affairs & CFOSUBJECT: Responsibility Centered Management Budget Model – RCM2
We are writing to follow-up on the memorandum issued to the community by President Hart on December 12th regarding the RCM2 project. We are pleased that the President has asked us jointly to lead this effort and are enthusiastic about the potential benefits a new budget model can bring to the entire institution. This is the first of many periodic updates we plan t...Read More