Washington (CNN) - As a major review by the Republican National Committee of what went wrong, and right, in the 2012 election gets underway, we may soon learn if the party committee's chairman will run for a second term.
RNC officials tell CNN that by the end of next week Reince Preibus will probably make a decision on whether he runs or not for another two years as chairman of the party committee. The RNC will hold its election for chairman in January.
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Had Mitt Romney won Tuesday's presidential election, he would have handpicked a chairman. But since he lost, the decision now falls to RNC voting members.
Priebus, the former head of the Wisconsin Republican party, two years ago came out on top of a crowded field of candidates, which included then RNC chairman Michael Steele. He is credited with turning the committee around, especially financially, after the controversies of the Steele years.
While Preibus mulls his future, the RNC's review is underway, with surveys of voters in the battleground states already taking place.
"Win lose or draw, we need to do this. It needs to start right away," RNC Communications Director Sean Spicer tells CNN. "While the election is still top of mind, we need to get the best data possible."
The two-month long review will also include focus groups, meetings with constituency group leaders, in-depth discussions with party staff members, donors, and volunteers.
"There's a lot of things that we did extremely well. We need to continue to do them. We made more voter contacts than ever before. Our research, our videos, were second to none. Our fundraising was phenomenal," adds Spicer. "But there were things that didn't work as well. We need to improve on those things. We need to ask ourselves what we can do better."
The review will also study what President Barack Obama's re-election campaign and the Democratic National Committee did during the election.
Spicer says the review was going to happen whether Romney won or lost: "This was going to be a win or lose thing. It was going to happen either way."
The Obama campaign conducted such a wide-scale review four years ago after Obama first won the White House, and it was helpful in keeping the campaign's field organization, known as Organizing for America, alive over the past four years.
The RNC did not conduct such a review after the 2008 election.
Spicer says this is why they are now doing such a proper analysis, to help determine "what would it cost to maintain such a permanent apparatus in the states, and what benefit would we get out of this."