Budget Management Analysis

Budget Management Analysis Research Paper example
Undergraduate
Research Paper
Nursing
Pages 6 (1506 words)
Download 0
Facility Redesign (Institution’s Name) (Student’s Name) Introduction This paper highlights on an example of a capital purchases that a hospital can make. The capital purchase to be discussed is a facility design that is posed to cost the hospital more than $5000…

Introduction

Thirdly, the research paper will state the primary stakeholders of the hospital and their views towards redesigning of the facility and its associated budget. In the last section, the research paper will state the risks involved in pursuing the redesigning of the facility and the risks of not redesigning the hospital. Facility redesign According to the studies conducted by Sawyer (2009), facility is the space whereby employees of an organization carry out their respective duties while design refers to the layout or the architecture of the mentioned space. Sawyer (2009) further stated that facility’s design is an integral component of the operations of an organization because it determines the results of the production process and it goes a long way in meeting employees’ needs. Designing of a facility is usually aimed at ensuring that there is smooth flow of information, and work material within an organization’s space to enable operations to proceed smoothly. Sawyer (2009) stated that a good design of a facility is usually able to integrate employees’ needs, work materials, as well as machinery in a single and effective system. The designing and redesigning of a hospital facility usually takes into consideration various factors such as safety within the facility, the ease of movement and communication, space utilization, material handling, and the impact on employees’ satisfaction and morale. ...
Download paper
Not exactly what you need?

Related papers

Analysis of Management Theories
It stressed the importance of participatory management. The systems perspective has just arrived. It utilizes mathematical tools and scientific principles. Predominantly, it discusses emerging sciences such as Operations Research and Management Information Systems (MIS). In today’s environment, the Human Relations perspective finds more application and relevance. This is because, in a flat…
Concept Analysis Paper: Pain Management
Although pain is usually an acute condition following immediately after injury or malfunction of an internal organ, it can be a chronic issue in patients afflicted with terminal disease, especially different types of cancers. Pain relieving pharmacological agents or analgesics offer temporary relief, which is often accompanied with undesirable side effects. Alternative, less invasive techniques to…
Educational Needs Analysis
The hospital is situated in the centre of the city and hence it has quite a lot of incoming traffic in its emergency ward as compared to other things. In total they offer health service in cancer; women related health issues, burn center, and diabetes center and as well as anesthesia and pain management center. It also has a huge blood bank and one of the biggest facilities that they offer is the…
Cost Variance in Healthcare Organizations
Like other healthcare organizations, the budget management in this healthcare organization is said to be underdeveloped. This is the reason why we have identified it for the analysis so that we can make possible recommendations. Strategies of Managing Budgets Within Forecast Managing budgets within forecasts is significant in revenue attainment and costs containment. However, ensuring that budgets…
Analysis of Group Processes
Group Overview This group has been formed for the purposes of attaining a particular objective. The primary directive of the group is to provide Death Star Hospital (DSH) with clear directions on how to achieve a better healthcare service delivery in Death Star Hospital. The group is made up of seven people, all from different hospital departments. Each member has their own responsibilities, and…
Management
In a clinical setting, the scientific organization approach remains founded on the idea of planning of job to attain effectiveness, consistency, specialization, and generalization. The Bureaucratic approach sees the clinic as section of a wider community organized in structure as one unit. Aims at bringing different units under one roof. Administrative theory emphasizes on the management goals and…
Capital budget purchase
This item was prioritized for the broader benefits that it will bring to my department. The item is specially designed for easy operation for hospital caregivers to help them keep and manage the patients’ health records. For our surgical department services to be more efficient in accessing the patient’s records remotely and attend to the patients’ need effectively, this equipment will…