Policy Number: Policy: Date Adopted/Revised: Next Review Date: Responsible Office or Administrator: References: University Operating Policies Office of Administration & Finance Purpose Efficient, effective and transparent management of University operations requires uniform policies. Statement of Policy The Office of Administration and Finance will coordinate the maintenance of the University of Montana (UM) Operating policies and publish them on the University Operating Policies website. Links will be provided to sources of authority (“references”), both internal to the University, MUS system, and external, such as State and federal codes and regulations. Where applicable, internal links will also be provided to procedures. Operating Policies must be reviewed by the campus governance senates and the President’s Cabinet and approved by the President. Definitions University Operating Policy: University Operating Policies: have campus-wide or University-wide application; strengthen controls to ensure compliance with applicable laws and regulations; and enhance the university’s mission, promote operational efficiencies, and/or reduce institutional risk. Policies establish a framework for what will or will not be done at UM, and reflect the rules governing the implementation of campus processes. Campus units might have policies specific to their units, but because of their unit-specific focus, these are not considered University Operating Policies.. Procedure: Procedures reflect current operational processes for completing tasks. Procedures contain details that include specific steps, process examples, forms to use, and contact information for assistance. [Link to Procedures]