A New Plan at the Metropolitan Museum

Amid a dramatic management shake-up at the top of New York’s Metropolitan Museum of Art earlier this month, interim chief executive Daniel Weiss is moving in with a sweeping plan to balance the budget and provide a road map for renovations.

The plan, to be presented to the Met’s board of directors on Wednesday, could amount to an audition by Mr. Weiss for the top job at the nation’s premier encyclopedic museum.

A 59-year-old...