Evaluate two pitches to Determine where you should allocate resources
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Evaluate two pitches to Determine where you should allocate resources
Assignment: Resource Allocation
For this assignment you will put yourself in the role of a CEO of a health care facility and evaluate two pitches to determine where you should allocate resources.
Unit Outcomes addressed in this assignment:
Understand how health care organizations plan and allocate resources.
Understand capital planning and allocation and their implications for financial planning and operations management.
Explore strategic budgeting method.
For this Assignment, you are required to write a 1,000–1,250-word paper on resource allocation.Your paper must include:
A detailed summary defining resource allocation
A description of each pitch/project
A description of questions you have or more information you need to make a decision
A description of the analysis you used to make your determination.
Which project do you support and why (does it support organizational effectiveness or efficiency? Does it improve patient outcomes, satisfaction or access, does it decrease turnover, etc.)