Cost-Benefit Analysis of an Accredited Faculty from the Perspectives of Faculty Staff and Stakeholders

Abstract
Background: Cost-benefits analysis of an accredited faculty from the perspectives faculty staff and external stake-holders is very important for maintain this status.
Aim of the Study: The aim of the current study is to assess cost-benefit outcome of an accredited faculty from the per-spectives of faculty staff and stakeholders.
Subjects and Methods: A descriptive design was utilized to achieve the stated aim of current study. The study was conducted at Faculty of Nursing-Cairo University that accred-ited in 2012 and Cairo University Hospitals in areas of nursing intern's clinical practice. A convenient sample was used for faculty staff (n=108) and Stakeholders (n=40). The required data was collected by using questionnaire to assess cost-benefit of an accredited faculty.
Results: The current study revealed that the faculty staff and stakeholders views the highest benefit of accredited faculty was “improve status, prestige, and reputation”, while the highest cost was indirect cost in the form of excessive paper work which is very boring for the faculty staff that were participated in accreditation activities.
Conclusion: The current study concluded that the faculty staff was perceived the benefits of accredited faculty as slightly high benefit and stakeholders were perceived that as high benefit in form of improve status, prestige, and reputation of the faculty and nursing program.
Recommendations: Accredited nursing faculty is account-able for all internal and external stakeholders in term of quality, so Faculty of Nursing should be maintained the accreditation status.