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CvSU MANUAL OF OPERATIONS
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b.) Business Affairs Council – (optional)
Specifically the functions of this Council are:
▪ Recommend policies and guidelines re business
operations to the Board of Regents for approval
▪ Recommend plans, projects guidelines/regulations
relative to the proper management and operation of all
IGPs
▪ Determine investment priorities of IGPs
▪ Set the performance objectives and standard in the
management of IGPs
▪ Recommend for approval and implementation of an
incentive scheme
Based on the performance of the IGP personnel and
support staff
▪ Review, evaluate and recommend for approval the
annual project plan and operating budget
▪ Recommend the suspension and/or termination of the
operation of non-viable projects
c.) Business Council Chairman
The Business Council Chairman has the following functions:
▪ To preside all the meetings of the Council
▪ To assure that the Council perform its primary task of
formulating policies, rules and regulations; and
▪ To represent the Council in all meetings inside and
outside of the University which has something to do
with IGP
d.) Vice President for External and Business Affairs (E&BA)
The E & BA Vice President is the Chief Operation Officer
(COO) and is responsible for the overall activities of the
Income Generating Projects of the University.
The duties of the COO are as follows:
▪ Assumes direct responsibility in the overall operation and
management of the IGP and in the implementation of
policies and guidelines to achieve target with efficiency
▪ Promotes sense of responsibility, commitment,
accountability, harmony, camaraderie, cooperation and,
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