Hello there! Want a discount? Grab 5% OFFon your first order!
originalresearchpapers.com logo
Hello there! Want a discount? Grab 5% OFF on your first order!
originalresearchpapers.com logo

Please let me know if you have access to the spreadsheet Download and complete the  Budget Plan Template (Excel)Links to an external

Please let me know if you have access to the spreadsheet

Download and complete the 
Budget Plan Template (Excel)Links to an external site..

On the spreadsheet, make sure to include the answers to the questions at the top. You will then provide a description or rationale for each income and expense line item. For example, salaries are listed as a line item. In the description column, you need to provide how you got to the total amount for salaries: e.g., [3 RNs x $65 per hour x 2080 hours per year] + [one PCT x $16 per hour x 2080 hours].

PLEASE NOTE: Your ROI should be between 0-100%. It may be slightly negative if you are choosing to do something that is vital to patient safety. Your ROI may be somewhat over 100% if your expenses were significantly smaller than your cost-savings/avoidance. However, if your ROI is well over 100%, then review LINE 40 in your spreadsheet. Most projects will not eliminate all occurrences. This number in LINE 40 should not be zero. If you have questions, please contact with your faculty.

Review a 
faculty example of a completed spreadsheet.Links to an external site.

Narrative Portion Instructions

Please submit a word document for the narrative portion that should include a paragraph summarizing the income (whether the project is a cost savings, cost avoidance, or new source of revenue, and the rationale for that determination), the expenses, discussing the ROI, and a concluding statement.

Your summary paragraph should include:

· The purpose of the project and the financial ask. Why is this project important and what, or how much, are you requesting?

· Whether the project will result in a new source of revenue, cost savings, or cost avoidance. Provide a few straightforward sentences to support your determination. For example, “This project is aimed at reducing central line infections. If we reduce infections by 25%, the organizations will have a cost avoidance of $XX, XXX.” Provide a source to back up your statement. “Smith (2019), Jones & Wong (2017), and Kelly & Washington (2015) conclude that similar projects have resulted in infection rate decreases of 28% and found a positive financial benefit to the organization of X amount.”

Example Summary: “The total expenses for the first year of the new program are projected to be $500,000. This projected amount is within the range of what other organizations have spent on their implementations of similar projects. One-half of the expenses are for employee salaries, and the other major expenses are related to the purchase of new technology. Even accounting for depreciation, the expenses in the second year are expected to decrease by 20%, as the new technology has a life span of five years.”

Please Let me know if your able to access the spreadsheet Thank you! Based in Florida.

Budget Rubric Sp 2024

Criteria

Ratings

Pts

Introduction

2 to >1 pts

Meets Criterion

Includes name, project, location, outcomes

1 to >0 pts

Partially Meets Criterion

Does not include one or more of the introduction components

/ 2 pts

Personnel Expenses

30 to >29 pts

Meets Criterion

Includes reasonable expenses for personnel for planning (10 points), training (10 points), and implementation (10 points) (at launch and for first year)

29 to >0 pts

Partially Meets Criterion

Does not include reasonable or logical expenses for planning, training, and/or implementation (at launch and for first year)

/ 30 pts

Supplies and Other Expenses

20 to >19 pts

Meets Criterion

Includes reasonable expenses for implementation of project and costs for first year

19 to >0 pts

Partially Meets Criterion

Does not include reasonable expenses for implementation of project and costs for first year

/ 20 pts

Rationales

20 to >19 pts

Meets Criterion

Includes logical rationales for each expense

19 to >0 pts

Partially Meets Criterion

Does not include logical rationales for each expense

/ 20 pts

ROI

18 to >17 pts

Meets Criterion

Accurately calculates ROI based on logical and realistic project outcomes

17 to >0 pts

Partially Meets Criterion

Does not accurately calculate ROI based on logical and realistic project outcomes

/ 18 pts

Summary

view longer description

10 to >9 pts

Full Marks

Adequately addresses all points of the required narrative summary.

9 to >0 pts

Partial Marks

Does not adequately address all of the required points of the narrative summary, or did not complete a summary.

/ 10 pts

Total Points: 0

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Help responding to collegues Please respond to the following colleaguesAS Angela

Help responding to collegues  Please respond to the following colleagues AS Angela Stapleton-Burley Jun 25 10:56pm Manage Discussion by Angela Stapleton-Burley Reply from Angela Stapleton-Burley   Hi Everoyne, One significant benefit of incorporating big data into clinical systems is the enhancement of predictive analytics, which allows providers to proactively identify

Purpose: The purpose of this assignment is to assess your ability to conduct a systematic and comprehensive head-to-toe physical assessment. This will

Purpose: The purpose of this assignment is to assess your ability to conduct a systematic and comprehensive head-to-toe physical assessment. This will help reinforce critical thinking, clinical reasoning, and documentation skills essential for nursing practice. By completing this assignment, you will demonstrate proficiency in assessing various body systems, identifying normal

COMPLETE USING DOCUMENT POSTED WITH ASSIGNMENTThumbnails/thumbnail.pngDetermining Anesthesia Service Payments and Modifiers As a new medical

COMPLETE USING DOCUMENT POSTED WITH ASSIGNMENT Thumbnails/thumbnail.png Determining Anesthesia Service Payments and Modifiers As a new medical coder for an Anesthesiologist group, it is important that you practice calculating service payments by assigning the appropriate anesthesia code(s) and modifier(s), as well as determining the base and time unit values, any

COMPLETE ALL QUESTIONSThumbnails/thumbnail.png1) The ICD-10-CM Official Guidelines for Coding and Reporting are approved by the FILL IN

COMPLETE ALL QUESTIONS Thumbnails/thumbnail.png 1) The ICD-10-CM Official Guidelines for Coding and Reporting are approved by the FILL IN BLANK  parties for ICD-10-CM to accompany and complement the official conventions and instructions provided within ICD-10-CM. 2) Official coding guidelines use the term FILL IN BLANK  when referring to face-to-face contact between patients and health

  Questions Discussion Board: Instructions Purpose: The purpose of this assignment is to familiarize you the complexity of quantitative statistical

  Questions Discussion Board: Instructions Purpose: The purpose of this assignment is to familiarize you the complexity of quantitative statistical analysis. Instructions: For this discussion, please complete the following: Review the assigned chapters in Polit and Beck (2017): i.e., chapters 18-20. Identify five different facts or pieces of information that

You deserve a bonus!

Subscribe and get regular bonuses and discounts.