Discuss the Nurse leader’s role in budget development and implementation

Develop a 3 to 5 page scholarly paper discussing the Nurse leader’s role in budget development and implementation. The following are required aspects for development in your discussion:
Budget Rubric
Criteria Ratings Pts
This criterion is linked to a Learning OutcomeTimeliness
8 pts
Mastery
submitted by due date
4 pts
Proficient
submitted within 24 hours of due date
2 pts
Competent
submitted 1-3 days late
0 pts
Novice
> 3 days late
8 pts
This criterion is linked to a Learning Outcomeoperational, capital, staffing budget
12 pts
Mastery
excellent definition of budget concepts, strong examples. Includes a visual depiction of budget for their unit/ hypothetical unit, includes 2+ EBP resources beyond text
8 pts
Proficient
good definition of budget concepts, strong examples. Includes a visual depiction of budget for their unit/ hypothetical unit, includes 1+ EBP resources beyond text
3 pts
Competent
fair definition of concepts, but examples were weak or mediocre, includes 1 EBP resource beyond text
0 pts
Novice
insufficiently defined concepts, did not provide examples or examples poor, and/or includes no EBP resource
12 pts
This criterion is linked to a Learning Outcomecollecting data
12 pts
Mastery
excellent explanation of data collection, strong examples . Includes a visual depiction of budget for their unit/ hypothetical unit, includes 2+ EBP resources beyond text
8 pts
Proficient
good explanation of data collection, strong examples . Includes a visual depiction of budget for their unit/ hypothetical unit, includes 1+ EBP resources beyond text
3 pts
Competent
fair explanation of data collection, but examples were weak or mediocre, includes 1 EBP resource beyond text
0 pts
Novice
insufficiently describes data collection, did not provide examples, or examples poor, and/or includes no EBP resource
12 pts
This criterion is linked to a Learning Outcomeforecasting trends
12 pts
Mastery
excellent definition of forecasting trends, strong examples. Includes 2+ EBP resources beyond text
8 pts
Proficient
good definition of forecasting trends, strong examples. Includes 1+ EBP resources beyond text
3 pts
Competent
fair descriiption of forecasting trends, but examples were weak or mediocre, includes 1 EBP resource beyond text
0 pts
Novice
insufficiently described forecasting trends, did not provide examples, or examples poor, and/or includes no EBP resource
12 pts
This criterion is linked to a Learning Outcomeplanning services/ activities
12 pts
Mastery
excellent descriiption of the nurse manager’s role in planning services/ activities in the unit budget, includes 2+ EBP resources beyond text
8 pts
Proficient
good descriiption of the nurse manager’s role in planning services/ activities in the unit budget, includes 1+ EBP resources beyond text
3 pts
Competent
fair descriiption of the nurse manager’s role in planning services/ activities, includes 1 EBP resource beyond text
0 pts
Novice
insufficiently describes the nurse manager’s role in planning services/activities , includes implementing unit budgets, and/or includes no EBP resource
12 pts
This criterion is linked to a Learning Outcomemanaging / monitoring budget
12 pts
Mastery
excellent descriiption of the nurse manager’s role in managing/ monitoring unit budget, includes 2+ EBP resources beyond text
8 pts
Proficient
good descriiption of the nurse manager’s role in managing/ monitoring unit budget, includes 1+ EBP resources beyond text
3 pts
Competent
fair descriiption of the nurse manager’s role in managing/ monitoring the unit budget, includes 1 EBP resource beyond text
0 pts
Novice
insufficiently describes the nurse manager’s role in managing/ monitoring unit budgets, and/or includes no EBP resource
12 pts
This criterion is linked to a Learning Outcomecorrective action & engagement
12 pts
Mastery
excellent descriiption of the nurse manager’s role in staff engagement & corrective actions for unit budget, and/or includes no EBP resource
8 pts
Proficient
good descriiption of the nurse manager’s role in staff engagement & corrective actions for unit budget, and/or includes no EBP resource
3 pts
Competent
fair descriiption of the nurse manager’s role in staff engagement & corrective actions for unit budget, and/or includes no EBP resource
0 pts
Novice
insufficiently describes the nurse manager’s role in staff engagement & corrective actions for unit budgets, and/or includes no EBP resource
12 pts
This criterion is linked to a Learning OutcomeAPA Guidelines
20 pts
Mastery
Maintains APA guidelines, <2 APA errors. <2 grammatical errors. Cover page & reference page, per 7th edition. Appropriate # of EBP references for each section
10 pts
Proficient
Maintains APA 7th ed guidelines <3 errors. <3 grammatical errors. Cover page and/or reference page. Appropriate # of EBP references for each section (missing 1for assignment)
5 pts
Competent
Maintains APA 7th ed. guidelines <4 errors. <4 grammatical errors. Cover page and/or reference page. Inappropriate # of EBP references for each section
0 pts
Novice
Maintains APA 7th ed. guidelines , 5 + errors. 5+ grammatical errors. No Cover page and/or no reference page. Inappropriate # of EBP references for each section
20 pts
Total Points: 100
Access the FORMS, specifically the financial terms and life cycle KPIs
Define and describe Capital, Operating, and Staffing budgets.
Identify Nurse manager role in:
Collect relevant data
Forecasting trends
Planning services & planning activities
Implementing the budget.
Monitoring the budget .
Taking corrective action
Engaging staff
(Helpful articles)
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4866369/
https://www.healthcarenewssite.com/articles/04-2016/wa-arundio-0416.php

How to Develop a Nursing Unit Budget


https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6181820/
https://nursingcentered.sigmanursing.org/features/more-features/budget-development-for-the-nurse-manager
https://www.nursingcenter.com/ce_articleprint?an=00006247-201805000-00006

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