Phases and timeline
Below is a general timeline for planned implementation in 2028–29*.
University community consultations, presentations and discussions will be woven into every phase of development.
|
Phase |
Action |
Timing |
|
Phase 1 |
Explore alternative budget model approaches and make a recommendation to senior leadership |
Complete |
|
Phase 2 |
Finalize governance and implementation structure and populate committees |
Complete |
|
Phase 3 |
Design the conceptual model for the recommended approach. Methodology applied to institutional data. Initial shadow budget analysis. Senior leadership and governance review. |
Complete |
|
Phase 4 |
Extended period for consultation, validation and refinement to test assumptions, learn, engage, and determine transition supports required. Unit review, consultation, technical validation, impact assessment and broader community release with context. This will also be a period to determine the Budget Model Committee mandate and composition for the next phase. |
End of Winter Semester 2027 ← WE ARE HERE. |
|
Phase 5 |
Validation, refinement, institutional priority inputs and transition preparation continue Develop tools, improve data quality, complete training and education |
2027-2028 |
|
Phase 6 |
Planned implementation of the Memorial Budget Model. |
2028-2029 |
*Work is underway to further define and scope the next phase of the work and this section will continue to be updated as scope and details are defined.
Questions or feedback?
We want the Memorial community to ask questions throughout this process. These can be shared by email: shadowbudget@mun.ca.
Learn more about Memorial Evolve: https://www.mun.ca/evolve/.
Not every question may have an immediate answer. That is part of a consultative process. Questions and feedback received now will help Memorial understand what requires further analysis, clarification or refinement before future decisions are made.