Planning and Performance
Planning and Performance enables and supports the strategic planning cycle, through which University plans and activities are agreed. The team has responsibility for supporting faculties, departments and other professional services throughout the planning round. This includes responsibility for fee setting and support to University senior management on current and emerging higher education policies and issues.
Information for strategic decision-making
At the start of the annual planning round we provide each Faculty with a Planning Information Pack and narrative on the data which brings together various data on their performance over previous years. We also provide information on faculty data/projections to Professional Services to inform their planning round.
Academic Planner is a new tool which has been developed in financial modelling software (TM1) by the Reporting and Insight team. It replaces the previous Excel version of the Academic Plans and assists departments with their planning for the coming years. These give departments their current year's student load and income figures and allow them to model future student, staff and income scenarios. The final plans feed directly into the University's student number and income forecasts (forecasting around £300m income in total).
Other Planning Round Activities
Regular and ad-hoc analyses for faculties, departments and professional services are provided to meet various planning decisions including supporting student number and income forecasting requirements. We liaise closely with University Finance during this period to inform the University's budget and financial forecast.
We coordinate the University's annual fee setting process. This involves formulating the institutional fee setting strategy, providing departments with competitor analysis and assistance during the fee setting process, and maintaining accurate fee lists.