Organizing and Staffing Non-Duplicative Central Budget Offices at RCM Institutions

Topics: Budget Models and Cost Allocations, Budgeting, Administration and Finance

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Research Questions

  • How do institutions that operate a centralized budget office within the RCM model avoid the duplication of administrative services across an institution?
  • What technology platforms have institutions found most efficient to coordinate and manage budgetary functions? Why?

Summary


The Responsibility Center Management (RCM) budget model often leads to the duplication of administrative services across an institution that could easily and cheaply be consolidated in one centralized office. This brief provides strategies used at eight RCM institutions to eliminate duplicate budgetary services across an institution and implement sufficient administrative and technological support to meet budgetary needs across campus.

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