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New Mexico State University
Cost Containment

Cost Containment Initiatives are part of NMSU's Sustainability efforts which have been documented in this Board of Regent's letter and this NMSU President's Letter.
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Year Of Sustainability
Sustainability Banner Flag

 

 

Definition

  • "Process of maintaining organizational costs within a specified budget; restraining expenditures to meet organizational or project financial targets." (Answers.com)
  • The process by which companies implement new programs or modify existing programs to continuously
  • monitor appropriateness and cost of treatment." (WellDyneRX)

     

Faces of Cost Containment

  • Dr. Waded Cruzado
  • Jennifer Taylor
  • Glen Haubold

Dr. Waded Cruzado, Interim President

At the start of this semester, we launched an exciting, yearlong project: the Year of Sustainability. As the semester comes to a close, we have made good progress so far in assessing our status with regard to sustainability...
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Jennifer Taylor, Senior Vice President of Business, Finance and Human Resources

Opportunities for cost containment are a natural outgrowth of a refocused view of institutional operations and planning within a framework of sustainability: the concept of using and reusing resources wisely benefits both our environment and our budget. 
See full statement

Glen Haubold, Assistant Vice President for OFS

The Office of Facilities and Services (OFS) believes that Cost Containment is an opportunity to evaluate and maximize the use of resources in multiple operational areas... See full statement

 

NMSU wants to hear your ideas and definition of Cost Containment.

Initiatives In Review