Budget allocation for optimal performance of a university through adjusted-program-budget marginal-analysis

A strategic plan designed by universities globally, as well as in Malaysia, is used asa key indicator of progress using key performance indicators (KPIs) in assessing and equipping the universities with challenges of the educational needs in this millennium. Unfortunately, some universities set up t...

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Main Author:	Maijama'a, Bilkisu
Format:	Thesis
Language:	eng eng eng
Published:	2019
Subjects:	LB2300 Higher Education
Online Access:	https://etd.uum.edu.my/8772/1/s95117_depositpermission.pdf https://etd.uum.edu.my/8772/2/s95117_01.pdf https://etd.uum.edu.my/8772/3/s95117_references.docx
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id	my-uum-etd.8772
record_format	uketd_dc
spelling	my-uum-etd.87722021-10-31T02:49:29Z Budget allocation for optimal performance of a university through adjusted-program-budget marginal-analysis 2019 Maijama'a, Bilkisu Engku Abu Bakar, Engku Muhammad Nazri Awang Had Salleh Graduate School of Arts & Sciences Awang Had Salleh Graduate School of Arts & Sciences LB2300 Higher Education A strategic plan designed by universities globally, as well as in Malaysia, is used asa key indicator of progress using key performance indicators (KPIs) in assessing and equipping the universities with challenges of the educational needs in this millennium. Unfortunately, some universities set up their specific strategies to achieve their KPIs without much consideration to the limited available resources. Particularly, less attention is given to the cost and marginal cost of achieving the KPIs. This research therefore proposes the implementation of adjusted-program-budgeting-marginal-analysis (adjusted-PBMA), an approach used to accommodate both financial and quality output with transparency to allocate the available budget on KPIs, through minor-adjustments on the existing PBMA. Firstly, the similarities between the steps under PBMA and the steps involved in constructing the strategic plan for a university were identified. Next, adjustments were made by suggesting the application of marginal cost and cost consequence analysis to replace the existing qualitative approach in prioritizing the strategies, and the application of integer programming models (IP-Models) for the budget allocation process. The outcome was the new proposed adjusted-PBMA. To illustrate the applicability of the proposed adjusted-PBMA, a case study on Universiti Utara Malaysia for its student development agenda to achieve a six-star SETARA rating was conducted. Six possible IP-Model were developed. The optimal results were obtained, discussed, and compared. This adjusted-PBMA is useful and suitable for other organisations with KPI-oriented programs having limited budget allocation. 2019 Thesis https://etd.uum.edu.my/8772/ https://etd.uum.edu.my/8772/1/s95117_depositpermission.pdf text eng staffonly https://etd.uum.edu.my/8772/2/s95117_01.pdf text eng public https://etd.uum.edu.my/8772/3/s95117_references.docx text eng public other doctoral Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Engku Abu Bakar, Engku Muhammad Nazri
topic	LB2300 Higher Education
spellingShingle	LB2300 Higher Education Maijama'a, Bilkisu Budget allocation for optimal performance of a university through adjusted-program-budget marginal-analysis
description	A strategic plan designed by universities globally, as well as in Malaysia, is used asa key indicator of progress using key performance indicators (KPIs) in assessing and equipping the universities with challenges of the educational needs in this millennium. Unfortunately, some universities set up their specific strategies to achieve their KPIs without much consideration to the limited available resources. Particularly, less attention is given to the cost and marginal cost of achieving the KPIs. This research therefore proposes the implementation of adjusted-program-budgeting-marginal-analysis (adjusted-PBMA), an approach used to accommodate both financial and quality output with transparency to allocate the available budget on KPIs, through minor-adjustments on the existing PBMA. Firstly, the similarities between the steps under PBMA and the steps involved in constructing the strategic plan for a university were identified. Next, adjustments were made by suggesting the application of marginal cost and cost consequence analysis to replace the existing qualitative approach in prioritizing the strategies, and the application of integer programming models (IP-Models) for the budget allocation process. The outcome was the new proposed adjusted-PBMA. To illustrate the applicability of the proposed adjusted-PBMA, a case study on Universiti Utara Malaysia for its student development agenda to achieve a six-star SETARA rating was conducted. Six possible IP-Model were developed. The optimal results were obtained, discussed, and compared. This adjusted-PBMA is useful and suitable for other organisations with KPI-oriented programs having limited budget allocation.
format	Thesis
qualification_name	other
qualification_level	Doctorate
author	Maijama'a, Bilkisu
author_facet	Maijama'a, Bilkisu
author_sort	Maijama'a, Bilkisu
title	Budget allocation for optimal performance of a university through adjusted-program-budget marginal-analysis
title_short	Budget allocation for optimal performance of a university through adjusted-program-budget marginal-analysis
title_full	Budget allocation for optimal performance of a university through adjusted-program-budget marginal-analysis
title_fullStr	Budget allocation for optimal performance of a university through adjusted-program-budget marginal-analysis
title_full_unstemmed	Budget allocation for optimal performance of a university through adjusted-program-budget marginal-analysis
title_sort	budget allocation for optimal performance of a university through adjusted-program-budget marginal-analysis
granting_institution	Universiti Utara Malaysia
granting_department	Awang Had Salleh Graduate School of Arts & Sciences
publishDate	2019
url	https://etd.uum.edu.my/8772/1/s95117_depositpermission.pdf https://etd.uum.edu.my/8772/2/s95117_01.pdf https://etd.uum.edu.my/8772/3/s95117_references.docx
_version_	1747828457286402048

Budget allocation for optimal performance of a university through adjusted-program-budget marginal-analysis

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