How much does it cost to make decisions?

Educational institutions are dominated by committees and meetings, with FE being worse than schools and HE worse than FE. It was during one such meeting at a University that had lots of people attending that I created a simple Excel Sheet similar to the one below to estimate how much the meeting cost in terms of staff time, and was quite horrified when I saw the counter moving forwards, and how much each second cost. I remember one occasion when my meeting calculator estimated that it cost about £400 to discuss and decide not to spend £150 on a license for some software to experiment with.

I have re-created the sheet, if anyone wants to estimate the cost of their meetings – this is produced in Excel and uses a simple macro (so macros will need to be enabled for it to work) and some functions in Excel. The sheet is locked – but with no password, so feel free to see how the sheet was constructed – it does show a few things that you can do with some functions.

Link to the meeting calculator resource
Creative Commons License
Meeting Cost Calculator by Dave Foord is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 Unported License.

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