Resource Allocation & Efficiency
What resource allocation & efficiency means
Allocation formulas, efficiency, unit costs and value for money in education.
Before you start
Not confident yet? Work through Financial Controls & Auditing first.
Worked example
One question from this skill's own question bank, shown with its full working.
Internal efficiency of an education system is reduced by:
- High repetition and dropout rates
- High completion rates
- Good textbooks
- Trained teachers
Working: Repetition and dropout waste resources because more pupil-years are used per graduate produced.
Curriculum and exam alignment
Curriculum notes are a general guide to where this work normally sits. Always check the syllabus your school or examination body is currently using.
Related skills
Other Financial Control & Accountability skills in Financial Management and Budgeting in Education, at the same point in the course.
Other Financial Management and Budgeting in Education topics
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Practise resource allocation & efficiency
8 questions with a worked answer after every attempt, and a SmartScore that tracks how close you are to mastery.