measuring the costs and benefits of rdm to supporta a business case
TRANSCRIPT
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Measuring the costs and benefits of RDM to support a business caseResearch Data Network workshop (Cardiff)
Graham Hay
18 May 2016
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Outline for today
• Background to the project• Aims of the project• Overarching logic mapping• Measuring the costs of RDM• Measuring the benefits of RDM
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Background
• No clear economic evidence to support the case for sustained investment in RDM
• Relatively little has been done to quantitatively measure the benefits of RDM
• Approach to costing is bespoke and fragmented
• Lack of clarity on how to model, codify and calculate costs and benefits
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Aim of this project
• Develop a general framework for understanding RDM and identifying the costs and benefits associated with it
• Review and critique of the methods that have been used to estimate the impact (costs and benefits) of RDM
• Recommend methods Jisc and HEI’s can use to estimate the costs and benefits of RDM
• (if possible) present a quantified baseline for institutions involved in the Shared Services pilot as well as the wider community
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Developing an overarching framework
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Key points
• RDM is a complex domain!• “good” RDM vs. lack of “good” RDM• Aggregate costs and benefits for economic
evaluation – Omitted issues include:
• the disconnect between the stakeholders that bear the costs and those that benefit from providing RDM;
• funding provisions and who pays (or who should pay) for RDM; • how best to communicate and obtain buy-in from the numerous
stakeholders of the RDM process; and• how RDM activities should be distributed/organised within the different
stakeholders
• Nothing on timescales (yet…)
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The ideal case: a CE logic mapping
Costs
Benefits
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Challenges and difficulties
• Costing tools, and HEIs’ experiences, tend to be heterogeneous
• There are often large uncertainties associated with future costs
• There are practical difficulties to monetising all the benefits of RDM
• The benefits also are (often) diffuse, uncertain and long term
• How attributable are wider impacts of RDM?• What would HEIs have done in the absence of RDM
(the counterfactual)?
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Refined CE logic map
CostsBenefits
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Costing RDM
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Recapping the logic map
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Suggested cost framework
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Amended cost framework
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The activity-cost structure
• Importance of each activity
• Complexity vs. simplicity?
• Do any additional activities need to be included?
• Can we make any simplifying assumption on any of these parameters, or should we rely on observed data only?
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Measuring the benefits of RDM
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Recapping the logic map
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Suggested benefits framework
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Measuring the costs and benefits of RDM to support a business caseResearch Data Network workshop (Cardiff)
Graham Hay
18 May 2016