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important duties of a nurse leader

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?

30%= .30; (.30) × 70 = 21

· To find out what percentage a number represents in relation to the whole, follow these steps:

Divide the number by the whole (usually the small number by the large number).

Change the decimal answer to percent by moving the decimal twice to the right (or multiplying by 100).

Example: What percent of 45 is 10?

10 ÷ 45 = .222; so, 10 is 22% of 45.

* You will only need addition, subtraction, multiplication, and division.

Case Study

You are the manager for 3 West, a medical/surgical unit. You have been given the following data to assist you in preparing your budget for the upcoming fiscal year.

Patient Data

(Fringe benefits are 35% of salaries)

 

Criteria Target Acceptable Unacceptable
Question 1 Both % and FTEs column totals within ± 2 of correct answers

(13-16 Points)

Either % or FTEs column totals within ± 2 of correct answers

(5-12 points)

Neither % nor FTEs column totals within ± 2 of correct answers

(0-4 points)

Question 2 All column (except Hours and Salary) totals within ± 2 of correct answers

(17-20 Points)

At least 4 column totals within ± 2 of correct answers

(5-16 points)

Less than 4 column totals within ± 2 of correct answers

(0-4 points)

Question 3

A. Table

All six values within ± 2 of correct answers

(6-8 points)

At least five values within ± 2 of correct answers

(1-7 points)

Less than five values within ± 2 of correct answers

(0-1 point)

B. Significance of variance in HPPD Response is clearly stated and explains some potential details, ramifications, and/or solutions

(6-8 points)