Controlling Risks and Project Budgets (graded)

Controlling Risks and Project Budgets (graded)

You’ll recall that as part of developing your project charter (Week 2), you submitted a preliminary budget. This week’s lesson went into much greater depth on the financial aspects of a project. This is a good time to look at your preliminary budget, consider what was presented in this week’s lesson, and reflect back on other financial concepts and tools you learned throughout the nurse executive track. Use the following questions as the basis for your discussion this week.

  • What variances can you identify on your project to date? If you had to report on the reason for variances +/- 10% of budget, what would your report say?

Think back to lessons and discussions on forecasting. What adjustments do you feel you need to make to your project budget based on your progress to date and what you foresee moving forward? What changed to cause you to have to adjust (forecast) the project budget?

Chamberlain College of Nursing NR631 PICOT Worksheet

PICOT Worksheet—Week 1

Name: Yahima Montero

Date: 05/06/2020

Your Instructor’s Name: DR. Robert Davis

PICOT Question

What is the PICOT question?

My PICOT question is: among patients (P) with declined satisfaction scores, does the use of tracking technology in the Chamberlain emergency department (I), compared to expanded emergency room, help to reduce the rate of Left Without Being Treated and increase revenue collected for one year?

Define each element of the question below:

P: patients with declined satisfaction scores

I: tracking technology

C: expanding emergency room

O: reduced rate of Left Without Being Treated and increased revenue collected

T: one year

Research Questions

I. Does the tracking system in ER improve service delivery in terms of minimizing the number of patients leaving without treatment?

II. How is the effectiveness of ER’s tracking technology in reducing lengthy waits?

How were the practice issues identified? How did you come to know this was a problem in your clinical practice?

· Revenue collection from Chamberlain’s emergency department started to decrease at a high rate compared to last year’s collection.

· Patients complained about taking too long to see emergency department provider and almost 372 would leave the hospital to seek treatment in other facilities with improved surgical services

· Declined patient satisfaction scores as evidenced by high walkout rates and 2.013 lost patients in 2019

· Decreased revenue from diagnostic testing in MRI, CT, labs, and radiology

Search terms: Improving the delivery of surgical services in the hospital’s emergency department

Narrowing the Search Terms: Tracking technology in the emergency department

 

NR631 PICOT Worksheet 11/27/17 1

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Controlling Risks and Project Budgets

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