IHP 450 Milestone Three Short Paper Guidelines and Rubric
Prompt: After reviewing your proposal outline, your boss has strongly recommended that you identify options for implementing your capital proposal. Wanting to submit a successful proposal and earn a $2,500 bonus, you plan to do just that. Previously, you created a departmental budget that considered the costs and revenue associated with your capital budget item. For Milestone Three, you’ll go one step further and research the options for implementing your capital budget item(s). This research will culminate in a short paper identifying the capital item(s) you are proposing, describing:
- Impacts and Justification
- Short-Term Impact: What short-term impact will this request have on the overall financial statements used for decision making and on financial planning?
- Long-Term Impact: What long-term impact will this request have on the overall financial statements used for decision making and on financial planning?
- Cost-Benefit: What is the percentage increase in financial need? How does this balance with the potential value added by your requests? What is the cost-benefit of these requests?
- Strategic Planning: Provide an explanation for each budget request in your proposal, taking into consideration strategic How do your budget requests show strategic planning and forethought?
- Conflicts: Describe the strategic impact and any potential ways in which your recommendations might conflict with the overall strategic
When discussing the benefits, indicate whether your proposal will affect each of the key healthcare operating indicators and why the proposal will or will not have that affect.
Requirements of submission: Your paper must be submitted as a two- to three-page document with double spacing, 12-point Times New Roman font, one-inch margins, using APA for citations.
| Critical Elements | Proficient (100%) | Needs Improvement (75%) | Not Evident (0%) | Value |
| Impacts and Justification: Short- Term Impact | Logically determines the short- term impact of the proposal on the financial statements and organizational financial
planning |
Determines the short-term impact of the proposal on the financial statements and organizational financial
planning, but with gaps in logic |
Does not determine the short- term
Note: Full answer to this question is available after purchase.
|
18 |
| Impacts and Justification: Long- Term Impact | Logically determines the long- term impact of the proposal on the financial statements and organizational financial
planning |
Determines the long-term impact of the proposal on the financial statements and organizational financial
planning, but with gaps in logic |
Does not determine the long- term impact of the proposal on the financial statements and organizational financial
planning |
18 |
| Impacts and Justification: Cost- Benefit | Determines the cost-benefit of the proposal based on detailed analysis of financial information and potential value added | Determines the cost-benefit of the proposal, but not based on analysis, or analysis of financial information and potential value
added is not detailed |
Does not determine the cost- benefit of the proposal | 18 |
| Impacts and Justification: Strategic Planning | Reflects thoroughly upon and explains in detail how the budget proposal evidences strategic planning and forethought | Reflects upon and explains how the budget proposal evidences strategic planning and forethought, but reflection lacks comprehensive attention
or explanation lacks detail |
Does not reflect upon and explain how the budget proposal evidences strategic planning and forethought | 18 |
| Impacts and Justification: Conflicts | Accurately describes the strategic impact of the proposal and identifies logical, potential conflicts with the overall strategic vision of the
organization |
Describes the strategic impact of the proposal and identifies potential conflicts with the overall strategic vision of the organization, but with gaps in
accuracy or logic |
Does not describe the strategic impact of the proposal nor identify potential conflicts with the overall strategic vision of the organization | 18 |
| Articulation of Response | Submission has no major errors related to citations, grammar, spelling, syntax, or organization | Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of
main ideas |
Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding
of ideas |
10 |
| Total | 100% | |||
RELATED: IHP 450 Final Project Milestone One: Short Paper Guidelines and Rubric
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