The provost is typically seen as the chief academic officer of an institution, who has a great deal of control over how faculty are involved in academic decision making. Using a 3-round Delphi survey, a group of 20 provosts identified and rated 20 dimensions to the value of faculty involvement in governance. These leaders agreed most strongly with the perspective that shared faculty governance strengthens democratic principles at work. Liberal arts provosts tended to view shared governance as a cultural norm, while research-oriented university provosts viewed governance as a tool of institutional work. (Contains 1 table and 13 references.) (Author/SLD)