Investment Fund Objectives and Assessment Reference Guide 2023-24

Proposals should successfully outline how the proposed project aligns with a selected goal and objective of the University’s strategic plan. Proposals will be evaluated on the quality of the assessment plan.
Successful applications must contain well-defined assessment plans that do the following:

  • Include clear, measurable objectives, and
  • Specify the measures and/or data used to determine if each objective has been met.
  • Identify short-term objectives (within 1 year), and
  • Identify long-term objectives (beyond 1 year), including appropriate measures and/or data.

Applications must include a detailed assessment plan that outlines:

  • the measurable objectives the initiative/project seeks to achieve, and
  • the metrics/data that will be collected to determine whether those objectives were met.
  • an implementation timeline for assessment plan.

Short-term objectives: All projects have short-term objectives; not all projects will have long-term objectives.

  • All assessment measures must be tied to each short-term objective.
  • Do not over commit; the number of short-term objectives should be manageable (2-3 is ideal).
  • If funded, you will be required to submit the assessment data in a 12-month completion report.

Here is an example of a project’s short and long-term objectives with assessment measures tied to each objective:
Proposal: Request to purchase a new Zamboni for the ice arena.

Short-term objectives:

By X date (date should be within the 12-month funding period)…

  1. Increase staff efficiency when resurfacing ice for hockey games, open skate, & practice
  2. Reduce maintenance costs
  3. Improve the quality of ice arena

Short-term Objectives Assessment Measures and/or Data Collection Tool(s):

  1. Questionnaire for staff operators
  2. Comparison of 6-month maintenance costs on old Zamboni vs. new Zamboni
  3. Questionnaire for skaters/users and/or staff re: quality of ice surface

Long-term objectives: (assessment measures encouraged but not required since assessment is outside of funding timeframe)

By x date (date will be outside of the 12-month funding period)…

  1. Extend life of Zamboni
  2. Expand rentals of ice arena

Timeline

  • Timeline should include assessment activities/measures
  • Include proposed timeline for purchases, installation, activities, travel, etc.
  • Project must be completed within 1 year timeframe (July 1, 2023 - June 30, 2024).