Cutting Overspending

Proposal about Cutting down Overspending

Name

Date

Campaign topic 

Propose a campaign to decrease the budget but keep the same services at a hypothetical college (you make up this information - college name, number of students, etc) that has an issue with overspending and needs to make some changes to stay within their budget. For this proposal, you will find sources that explain how to create a budget and stay within it for a university, how to decrease spending for a university without losing services, statistics and facts to support your argument, and examples of other universities that utilized similar ideas to cut spending that were successful to back your ideas. 

Proposal

Basic Problem

Apex College with 3000 thousand students is facing an issue of overspending since last 2 years. Here I am to present solutions for maintaining service quality while cutting down spending.

What is needed?

What we need is to remain within the fixed budget to keep fee affordable, retain staff for longer duration and offer quality education services. To maintain the goodwill of College, attract more students and suitable fiscal responsibility represents prudent decision making.

Idea Proposed

Our proposed idea is to look for other Colleges that were facing issue of overspending and implemented most appropriate solutions that works, it may include

1. Outsourcing is the best solution to remain within budget bounds for some vendors and special staff speakers.

2. Reviewing the old contracts for ensuring the best possible pricing and service

3. Faculty should be utilized more efficiently by starting new programs in second time with same staff.

4. Time duration of degrees should be shortened to smooth admin activities by analyzing performance on regular basis.

Benefits Strip

Some benefits by this proposal may include a streamline process where each expense will be reviewed and compared to previous years, low spending and...