37. Program management

Laboratory Animal Management Association (LAMA)

Purpose was to meet the needs of a growing entity w/in the American Association for Laboratory Animal Science (AALAS), whose focus was management and supervision.

S-W-O-T Analysis

Evaluation of program’s current Strengths, Weaknesses, Opportunities and Threats

What is Amortization?

is the paying off of debt with a fixed repayment schedule in regular installments over a period of time for example with a mortgage or a car loan.

Operating Budget -

All revenues and expenses apply to single FY. They include expected revenues, direct expenses (operating costs) and indirect expenses (non-operating costs)

Capital Budget -

Involves only large expenses that are amortized (buildings and land) or depreciated (equipment) so that acquisition cost is spread over more than single FY

Indirect cost

Pertains to institution-wide costs assigned to multiple departments and other entities on a pro rata basis, often as % total square feet.

Includes central administration or corporate expenses, energy consumption, taxes, aggregate amortization and depreciation expenses for that yr

Direct cost

Everything involved in providing core husbandry and veterinary services by the program.

Labor (salaries, benefits, temporary staff), material and supplies (feed, bedding, enrichment, PPE), other direct expenses (e.g. commercial lab fee for diagnostic assays, seminars, travel, professional membership, maintenance contracts on equipment, etc.)