N4455 Nursing Leadership and Management
Module 3 Assignment 1: Financial Management Case Study vsp19(2)
Name:
Aubre Adams
Date:
3/11/19
Overview: Financial Management Case Study
One of the important duties of a nurse leader is to manage personnel and personnel budgets. In this
assignment, you will assume the role of a nurse manager. You will use
given data
to make important
decisions regarding budgets and staffing.
Some nurse managers have computer spreadsheets or software applications to help them make
decisions regarding budgets and staffing. You will only need simple mathematical operations
*
to
perform the needed calculations in this assignment because the scenario has been simplified.
Furthermore,
some data have been provided for you
that a nurse leader might need to gather or
compute in a real setting. Still, you will get a glimpse of the complexity of responsibilities nurse leaders
shoulder regarding financial management.
To calculate the percent of the
whole
a given number represents, follow these steps:
Change the percentage to a decimal number by moving the decimal twice to the left (or dividing by
100).Multiply the new decimal number by the whole. Example: What is 30% of 70?
100).Example: What percent of 45 is 10?
Less than 3 column
totals within ± 2 of
correct answers
(0-4 points)
At least five values
within ± 2 of
correct answers
(1-7 points)
Response states
some potential
details or
ramifications
(2–7 points)
Response shows
some knowledge of
responsibilities of
the nurse leader
(2-7 points)
Response fails to
demonstrate
knowledge of
responsibilities of
the nurse leader
(0-1 point)
Less than 3 column
totals within ± 2 of
correct answers
(0-4 points)
