Measuring the costs and benefits of RDM to supporta a business case

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Measuring the costs and benefits of RDM to support a business case Research Data Network workshop (Cardiff) Graham Hay 18 May 2016

Transcript of Measuring the costs and benefits of RDM to supporta a business case

Page 1: Measuring the costs and benefits of RDM to supporta a business case

Measuring the costs and benefits of RDM to support a business caseResearch Data Network workshop (Cardiff)

Graham Hay

18 May 2016

Page 2: Measuring the costs and benefits of RDM to supporta a business case

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

[email protected]

18 May 2016