CPA prep course - performance management.

I need assistance completing the project work

Additional information for Hope City University Residence from Project 1, Question 3: Hope City University (HU) has two residence buildings. One residence opened in the prior year, while the other is significantly older and does not meet modern accessibility standards. The two buildings have a combined total of 2,000 bed spaces, composed of traditional single and double dormitory-style rooms, suite-style accommodations with single and double rooms, as well as family housing apartments (partially furnished onebedroom units). There are several specialty floor designations, including floors for graduate students, alcohol-free floors, and quiet floors for studying. Residence fees include unlimited internet and Wi-Fi, and students can purchase a reasonably priced meal plan for the nearby university cafeteria. It is estimated that 90% of students have a smartphone and a laptop. HUR attempts to foster a diverse, inclusive, and equitable campus climate. Demographically, HUR's student population is extremely diverse, as 30% of students at HU are international, and come from approximately 50 different countries. In particular, first-year international students desire to stay in residence not only to gain independence, but also to make new friends. HU students residing in the local area tend not to live in residence. Most commute from their parents' homes or rent apartments in town. Numerous residence activities are held each year. Examples include Hope City Day, an introduction to volunteering; Go Pink, where residence volunteers raise money for breast cancer research; and WaterMe, a fun and interactive water conservation competition that educates students on how to live more sustainably. Student conduct in the residence is a frequent issue. There have been complaints (internally and from community neighbours) about binge drinking, loud parties, and personality conflicts among assigned roommates. HUR aims to maintain a positive standard of student conduct and, when necessary, intervenes with corrective action. Performance Management Project 2 3 / 10 Several other concerns have been plaguing HUR. Pest control is a recurring problem. Students are asked to report any sighting of insects or rodents to the front desk immediately. Last year, a number of students required medical attention due to a bed bug infestation. Garbage control and recycling are also a constant battle. The student residents are responsible for ensuring that all personal garbage, recycling, and organics are brought to designated areas and sorted appropriately, but these tasks are not carried out consistently. Relationship with HU HU's president and senior administration generally take a hands-off attitude toward the residence operations. The president has stated she wants the residence to operate like a business. Thus, HUR is considered an ancillary operation. As long as HUR does not require additional financial resources from the university to maintain its operations, HUR has the authority to run the residence independently. HU's hands-off approach continues as long as there are no significant issues. HUR does not currently have a representative on the university management committee or the budget committee. Jo Keeping, the residence director, is expected to work closely with the university's director of Student Services. However, the Student Services department is extremely understaffed, and its director does not have much time to devote to residence issues. A majority of students in residence are international students, and they are vital to HU, as they pay twice the tuition of domestic students. The overall annual operating budget of HU is $100 million, not including ancillary services such as residence operations, the campus arena, and the food service operations. An additional $25 million is spent each year on the university's capital and infrastructure projects. The $10 million HUR budget has no specific allowance for capital improvements. Capital projects must be funded either from the residence surplus by special request, or fundraising from donors. This constraint can result in an internal competition for funding with other departments in the general university budget. Jo considers that perhaps HUR should be allowed to incur some long-term debt since interest rates are low and the university has a favourable credit rating. A number of other significant issues impact the maintenance and operation of residential facilities on university campuses, such as the condition of the aging facility buildings and the cost and affordability of housing for students. HUR is feeling the pressure from these issues.

Required: a) Define quality control and identify the five quality control activities that could be useful for HUR. (6 marks) b) Define quality assurance and identify four quality assurance activities that are important to or that could be useful for HUR to implement. (5 marks)