
ERIC Number: ED301931
Record Type: Non-Journal
Publication Date: 1984
Pages: 271
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
The RCM: A Resource Management and Program Budgeting Approach for State and Local Educational Agencies.
Chambers, Jay G.; Parrish, Thomas B.
The Resource Cost Model (RCM) is a resource management system that combines the technical advantages of sophisticated computer simulation software with the practical benefits of group decision making to provide detailed information about educational program costs. The first section of this document introduces the conceptual framework underlying the development and use of the RCM and includes illustrations of the kinds of information produced by the program: summary cost data; total and average costs of educational services; resource costs and quantities by program, service, and object; and budget reports. The second section presents a classification scheme for describing programs and services and illustrates how this classification scheme can be used to develop descriptions, labels, names, and codes for programs and services and for payroll schedules and cost analysis. The final section provides instructions on how to install and run the RCM computer simulation. Appended are file formats, samples, and worksheets. (TE)
Descriptors: Budgeting, Computer Simulation, Computer Software, Cost Estimates, Decision Making, Educational Administration, Educational Resources, Elementary Secondary Education, Expenditures, Financial Policy, Information Systems, Management Information Systems, Management Systems, Models, Multivariate Analysis, Operating Expenses, Payroll Records, Systems Analysis, Unit Costs
Publication Type: Reports - Descriptive; Guides - Non-Classroom
Education Level: N/A
Audience: Administrators; Practitioners
Language: English
Sponsor: National Inst. of Education (ED), Washington, DC.
Authoring Institution: Stanford Univ., CA. Inst. for Research on Educational Finance and Governance.
Grant or Contract Numbers: N/A