A Planning and Monitoring Committee in a college is responsible for strategic planning, performance monitoring, and evaluation of institutional goals and objectives. Here’s an overview of its functions and responsibilities:
Strategic Planning:
The committee develops and implements the college’s strategic plan, which outlines the institution’s vision, mission, values, goals, and priorities for achieving excellence in education, research, and service. It engages stakeholders in the planning process and ensures alignment with the college’s mission and external requirements.
Goal Setting:
The committee sets specific, measurable, achievable, relevant, and time-bound (SMART) goals to operationalize the strategic plan and drive progress towards desired outcomes. It defines key performance indicators (KPIs) and targets to track progress and assess success in achieving strategic objectives.
Performance Monitoring:
The committee monitors the performance of various departments, programs, and initiatives against established goals and benchmarks. It collects data, analyzes trends, and prepares performance reports to track progress, identify areas for improvement, and inform decision-making.
Resource Allocation:
The committee allocates resources, including human, financial, and physical assets, in alignment with strategic priorities and performance objectives. It evaluates budget requests, allocates funds, and prioritizes investments to support strategic initiatives and address critical needs.
Risk Management:
The committee identifies potential risks, challenges, and opportunities that may affect the college’s ability to achieve its goals. It develops risk mitigation strategies, contingency plans, and resilience measures to minimize adverse impacts and ensure the sustainability of operations.