Notesale: Turn your study into money

Document Preview

Extracts from the notes are below, to see the PDF you'll receive please use the links above

---

Conor Cunningham D1

The information used to
make two strategic decisions by Southern Regional College
c) Write a formal evaluation report to Mr Matthews identifying 2 sets of information used to
make two strategic decisions by Southern Regional College
...
(D1)

Author; Conor Cunningham
Date; 6th October 2015

Conor Cunningham D1

Contents Page







Page 3 – Introduction and The Terms of Reference
Page 4 – Procedure
Page 4 – Findings
Page 7 – Conclusions & Recommendations
Page 8 - Appendices

Conor Cunningham D1

1
...
This report will identify two sets of information
used to make two strategic decisions by SRC
...

The two strategic decisions made by SRC are the proposed £22
...

The aim and objective of this report is to look at what the SRC had to do before they
decided to make these two very important decisions, and what influenced their choice to
carry out these decisions
...


2
...
The report is about the types of information used to make the two strategic
decisions, as well as more in depth analysis and evaluation of the appropriateness of the
information used
...
Then, the information used
will be carefully studied which influenced the decision by SRC to withdraw the BTEC first
course in business
...


Conor Cunningham D1

3
...
Statistical information will be looked at, which SRC would
have to have carefully analysed before making these decisions
...


4
...
1 Decision 1 – The Craigavon Build
The Employment and Learning Minister, Dr Stephen Farry announced his intention to
develop a new further education campus in Craigavon
...
5 million
and will replace the current facilities in Lurgan and Portadown
...

In order for Southern Regional College to make the decision whether or not this project will
go ahead, they must analyse and evaluate different sets of information
...
Financial information
Before SRC can even begin planning this massive project, they have to look at the
financial information of the college
...

It can be seen from The Corporate Plan - Appendix 1 that, in 2010, SRC had an income of
£39,482
...
84% of this (£26,391) was funded by DEL grants
...
Grants and tuition fees
are two very important sets of information for SRC as they decide if this build will be
worth investing in
...
5 million from the UK Government
and NI Executive
...
In 2010, financial information for
the year showed that the college had a reserve balance of £11,652
...
This information is very necessary
for the college to look at
...
A
significant proportion of the SRC finance will be invested into this fantastic facility which
will provide a shared learning environment for thousands of people
...

In 2012/13, The Corporate Plan shows that SRC delivered 8,157 Funded Learning Units,
exceeding the funded provision by 472 FLU, which was around £1
...
The colleges
efficiency target has been exceeded for the fourth year in a row, delivering significantly
above that for which funding was received from the department
...
The College over delivery performance as a percentage of the total resource
allocation for 2012-13 was 6
...
5% in 2011-12 and 5
...
This information is very important for both SRC
and the department of education to look at
...
If SRC want to propose a new build, this
information will have to be shown so that they can encourage future funding to help
with the Craigavon build
...
A state of the art campus would
not be built in an area where people cannot actually afford to enrol in particular courses
...

2
...
Money would not be invested into a huge, state of the art
campus which doesn’t have half the students to fill it
...
This information would be very
appropriate as it will show the college and the Department of Education how big this
new campus will actually have to be and the facilities it will have to possess
...
This information will be highlighted below
...
Information collected
should tell us where students are going after they complete their GCSEs
...
It will show the college how many students they
expect to join
...
In Appendix 4,
we can see that from the academic year 2009/10, SRC had 39,947 enrolments
...
This would then tell how many predicted
enrolments there would be for the new Craigavon campus
...


Conor Cunningham D1

3
...
This would be a fantastic indication of how many people would
benefit from the new campus
...
However, the information would have to be carefully analysed
...
This is why enrolment figures are a very important
source of information, they indicate the demand and need for a new campus like the
£22
...


4
...
The course would have to be discussed through meetings with many people within
the college
...
These include the sets
of information below
...
Application/Enrolment numbers
The application and enrolment numbers would be the first thing SRC would look at when
deciding if they want to withdraw a course
...
This
information is very important as it shows the demand for the course
...

SRC could look at the enrolment numbers for the First Diploma Business course in
Portadown and compare these numbers to another course in business
...
SRC could
then perhaps make the decision to cut one course and just run the other
...
This information
tells us a lot about which course is more favourable depending on the number of
applicants and enrolments
...

If the application and enrolment numbers for the First Diploma in Business kept falling
from year to year, the college may try different strategies to advertise the course
...

2
...
DEL only fund courses which have a certain number of candidates
...
This information is particularly useful to look at as running a course with
a small amount of students could actually be costing the college money
...
If it required a
teacher to come in to teach an evening class (remembering that there is no funding for
this course), then this would be a further expense to the college
...
SRC must regularly look at the cost of running a course and see if it is
worthwhile to keep the course running or to cut the course
...
It shows how much money the college can afford to invest in to particular
courses and with regular checking, a course which is costing the college can be adjusted
...
0 Conclusions and Recommendations
It can be seen that the four sets of information relating to the two strategic decisions by
Southern Regional College are both necessary and appropriate
...

Finance plays a huge role in any decision
...
Building a new campus and cutting a course from the
prospectus are two huge decisions SRC must make, which both involve time, money and
other resources
...
Courses
must have high application and enrolment figures so that they go ahead and so that DEL
fund them
...
It’s very important to look at the numbers coming in and out of the college
every year
...
To improve anything, huge
decisions have to be made which are influenced by a number of key factors
...


Conor Cunningham D1

6
...
src
...
uk/news/2502-farry-announces-22-5million-further-education-campus-forcraigavon

Appendix 3;

Conor Cunningham D1

Appendix 4;



---