"We don't want to find that as the world changes and what we're delivering is no longer meeting the needs of students and employers," he said.
Art and design were seen as important and desirable. The polytech wanted to lift student numbers - especially in Wanganui Glass School, which had only four first-year enrolments this year.
"We will do nothing to jeopardise the viability of the Wanganui campus. We have got some really talented people at Wanganui, like Marty Vreede and Katrina Langdon. We have to make the most out of the facilities, courses and people we have."
The need to strengthen some of the fine arts buildings in Taupo Quay against earthquakes was inconvenient, but had not inspired the rethink. However, it could affect what went into those buildings when they were strengthened or rebuilt.
"We wouldn't necessarily put all the old stuff back," Mr Goodwin said.
The review is called Prospective. One of its first steps will be the polytech's 10x10 symposium on November 12, held halfway between Wanganui and Palmerston North at Marton's Rangitikei College.
In it, 10 people will each give 10-minute presentations, followed by discussion. They will be staff, students, graduates, designers, photographers and also include consultant Anne Pattillo, who has given a substantial scholarship to a Whanganui UCOL arts student every year for five years.
Industry speakers include Helen Milner, who has employed several graduates and is the creative director of Tardis Design & Advertising in Wellington.
The polytech will also take note of what iconic art and design schools do internationally.
Once all the information has been gathered, Whanganui UCOL's head of creative programmes, Sally-Jane de Salazar, and principal Julia Pedley, with the Palmerston North heads of furniture and visual arts courses and UCOL senior manager Clare Crawley, will be making decisions. Any changes must be approved by the New Zealand Qualifications Authority.