Be better equipped to determine the fully loaded costs of your academic resource planning decisions.
Activity Based Costing (ABC) analysis is a decision support tool for academic resource management and related financial decisions. During this 1.5 day event, you will take an in-depth look at how the model improves decisions on program size, teaching methods, faculty workload, space utilization, staffing and enrollment decisions down to the course level. Through these applications you will gain an in-depth understanding of data and analysis that can inform decisions about program investment and disinvestment, and the launching of new programs. You will learn:
- How to conduct an activity analysis and incorporate indirect costs into your cost model
- Ways to determine the economic impact of course redesign
- How enrollment mix can influence the costs
- Effects of unsponsored research and other non-time tabled activities on course and program margin
- How to build excitement and responsibility for data on your campus
- How to configure and scale your own ABC model
During the event, you will select a focus area for introducing ABC and learn strategies for piloting your own program back on your campus.
Optional Half-Day Workshop: A Budgeting Tool for Improved Academic Resource Management | December 5, 2018
This optional workshop prior to the main conference on Wednesday afternoon is facilitated by Bill Massy, author of the critically acclaimed book, Reengineering the University. You will work with teams to simulate an analytical approach to budgeting using a beta tool in Excel. This tool can improve the normally difficult and chaotic process of resource allocation by providing a new level of objectivity and analysis to support constructive budgeting discussions on your campus. Copies of the tool, with operating instructions and descriptive material, will be supplied for take-home use.
Get Everyone on the Same Page - Bring Your Team!
This training is designed for teams of academic program leaders, and the financial analysts, business officers, and institutional researchers who wish to support them in the early stages of building a cost model for new and existing programs.
Tiered pricing is available for teams - see registration row below for details.
Bonus Webcast Recording Included with Your Registration
This recording will provide you detailed information on the components of the activity-based costing model and how it works and includes an ABC sample teaching tool in Excel that you can adapt to create an ABC model of your own. This is not a prerequisite for the conference, but may be helpful in laying the foundation of ABC.
Two Back to Back Events - Find the Right Level of Training for You
You’ll get the most value from this program if you are further along in the process and ready for advanced levels of analysis. If you are just beginning the process of program cost analysis, consider attending Measuring Academic Program Cost and Demand for Improved Resource Allocation.
If you have questions about these programs or which would best fit your needs, please reach out to Grace Royal to help determine which program is best for you.
CPE Credits Available
Recommended CPE Credits:
- 15.5 for conference + workshop
- 12.0 for main conference only
- 3.5 for half-day workshop
Program Field of Study: Specialized Knowledge and Applications
Delivery Method: Group-Live
Program Level: Basic
Wednesday, December 5, 2018
1:00 to 4:00 p.m.
This optional workshop following the main conference on Wednesday afternoon is facilitated by Bill Massy, author of the critically acclaimed book, Reengineering the University. You will work with teams to simulate an analytical approach to budgeting using a beta tool in Excel. This tool can improve the normally difficult and chaotic process of resource allocation by providing a new level of objectivity and analysis to support constructive budgeting discussions on your campus. Copies of the tool, with operating instructions and descriptive material, will be supplied for take-home use.
Main Conference: Thursday, December 6, 2018
8:00 a.m. to 5:00 p.m.
This opening session will provide an opportunity for you to meet the instructors and share your current challenges that are calling you to action. You will also preview the framework for the event and receive guidance on how you can get the most from the experience.
This session provides an overview of the model and explains why the data are so important for academic resource management. Our expert will illustrate these points using scenarios based on real institutions that have adopted ABC.
You will be introduced to scenarios that will illustrate capital planning, staffing, and strategic enrollment decisions, among others that are relevant to what you share in the pre-conference survey. You will work with your peers on a series of real-life decision problem based on recent interviews with model users at eight universities in the United States and Australia.
This session will guide you through the full cycle of ABC implementation including:
- Data readiness and building a data culture on your campus
- Overcoming data integrity and accessibility challenges
- Organizational structures and talent development to support these initiatives
- Timeline and planning for a pilot study
- Building capacity and vendor selection
Main Conference: Friday, December 7, 2018
8:00 a.m.to 12:00 p.m.
We will use this time to address how ABC can be introduced to academic resource managers on your campus. What decisions and decision-makers might be targeted, for example, and how would the case for change be constructed. The objective is to help you develop a strategy for implementing the ideas of the workshop within your unique institutional context.
During this time, our experts will be available to consult with you on the possibilities for piloting ABC at your institution. With their guidance, you will better define your strategies, goals, and a potential action plan. You will also have the opportunity to begin assessing your capacity for an ABC project.
You will have an opportunity to present your project scope, share your goals, and get feedback from the group and the instructors to inform your action plan for when you return to campus.
Mark C. Hampton
Executive Vice President for Strategy and Operations
Mark provides high-level, analytically-based, and data-driven advice to advance strategy development and operational efficiency at all levels, and leads and oversees the finance, marketing and communications, facilities, human resources, and information technology divisions of the College.
Consultant to Higher Education
Former CFO at Stanford
Dr. Massy, an emeritus professor and former officer of Stanford University, has been active as a teacher/researcher, consultant, and university administrator for more than forty years. He holds a Ph.D. in economics and MS in management from the Massachusetts Institute of Technology, and a BS from Yale University.
President and CEO
Lea’s recent initiatives with Pilbara include working closely with public, private, and community colleges in the United States on designing and implementing activity-based costing.
Senior Manager, Decision Analytics Service Line
Grant Thornton LLP
Anthony has worked with multiple universities in both the United States and Australia building cost models, performing critical data analysis, and advising clients in areas associated with their cost management and strategic resource alignment needs.
Maximize your learning experience with a ticket to the main conference, the half-day workshop, and the FREE Webcast recording: Preparing for a University-Wide Activity-Based Costing Model.
Purchase the conference binder, which includes all presentation slides, worksheets, action plans, and additional resources.
Note: Conference attendees do not need to purchase materials separately.
Questions About the Event?
Program Manager, Academic Impressions