Key Concepts of Forecasting

Key Concepts of Forecasting
Key Concepts of Forecasting
Purpose
The purposes of this assignment are to (a) identify and articulate key concepts of forecasting and budgeting strategies for your cardiac unit at Saint Louis Medical Center (SLMC), which includes evaluating variance analyses as they apply to nursing budgets within healthcare organizations; and (b) formulate a revenue and expense budget for a nursing unit within a healthcare organization and communicate the information in a clear, succinct, and scholarly manner.
Outcomes
CO 1: Create a business plan based on evidence-based best practices that promotes high quality, safe, patient-centered care. (PO 1, 5)
CO 2: Demonstrate an understanding of holistic care principles and caring healthcare environments through the application of evidence-based financial principles. (PO 1, 2, 5)
Requirements:
This paper will be graded on quality of paper information, use of citations, use of standard English grammar, sentence structure, and organization based on the required components.
Create this assignment using Microsoft Word, which is the required format for all Chamberlain documents. You can tell that the document is saved as an MS Word document because it will end in.docx.
Submit the paper to the appropriate CCN Dropbox by 11:59 p.m. MT on Sunday of the week due. Any questions about this paper may be discussed in the weekly Q & A Discussion topic.
The length of the paper is to be no greater than three pages, excluding title page and reference page. Extra pages will not be read by the instructor and will not count toward your grade.
APA format (6th edition) is required in this assignment, including a title page and reference page. Use APA level 1 headings for the organizational structure of this assignment. Remember that the introduction does not carry a heading that labels it as a level heading in APA format. The first part of your paper is assumed to be the introduction. See the APA manual for details. See the resource in Doc Sharing called Guidelines for Writing Professional Papers. Use the suggested format and headings to organize your assignment:
Include an introduction (do not label it as a heading in APA format)
Key concepts of forecasting budget
Supporting evidence
Budget strategies
Conclusion
Preparing the paper
Note: Use the resources in Doc Sharing related to SLMC to assist in completion of this assignment; Week 3 Forecasting Background and SLMC information as needed.
Clear introduction of your forecasting assignment is in the introduction paragraph, including a sentence that states the purpose of your paper.
Clearly articulate key concepts of your forecasting budget for the cardiac unit at SLMC.
Include of a minimum of three sources of scholarly, empirical evidence that supports your budget strategies for the cardiac unit at SLMC. See resources under Doc Sharing related to SLMC.
Identify budget strategies to keep your forecast for the cardiac unit at SLMC within budget.
Provide concluding statements that should summarize your overall forecasting assignment content.
The paper will be three pages maximum, excluding title and reference page(s).
Note: If you go over the paper length, the information will not be graded by the instructor.
Title and reference page(s) must be in APA format (6th edition).
Use 12-point Times New Roman font and one-inch margins on all sides of the paper.
Rubric
Week 3: Forecasting Rubric
Week 3: Forecasting Rubric
Criteria
Ratings
Pts
This criterion is linked to a Learning Outcome Introduction
Introduction clearly introduces your forecasting assignment and purpose of assignment.
30.0 pts
Introduction clearly introduces your forecast and purpose of assignment.
26.0 pts
Introduction introduces your forecast with minor lack of clarity or elements.
24.0 pts
Introduction of forecast lacks occasional important element or specificity.
11.0 pts
Introduction of forecast has multiple instances of inaccuracies
0.0 pts
Introduction is not present.
30.0 pts
This criterion is linked to a Learning Outcome Forecasting Budget Concepts
Identification of key concepts of your forecasting budget for the cardiac unit at SLMC is clearly articulated.
45.0 pts
Identification of key concepts of your forecasting budget for the cardiac unit at SLMC is clearly articulated with no inaccuracy.
40.0 pts
Identification of key concepts of your forecasting budget for the cardiac unit at SLMC is clearly articulated with rare inaccuracy.
36.0 pts
Identification of key concepts of your forecasting budget for the cardiac unit at SLMC is clearly articulated but lacks occasional important elements or specificity.
17.0 pts
Identification of key concepts of your forecasting budget for the cardiac unit at SLMC is clearly articulated but has multiple instances of inaccuracies.
0.0 pts
Identification of key concepts of your forecasting budget for the cardiac unit at SLMC is not present.
45.0 pts
This criterion is linked to a Learning Outcome Evidence
Minimum of three scholarly, empirical evidence sources supporting your budget strategies for the cardiac care unit at SLMC.
30.0 pts
At least three empirical, scholarly evidence sources supporting your budget strategies for the cardiac care unit at SLMC are included.
26.0 pts
Empirical, scholarly evidence sources supporting your budget strategies for the cardiac care unit at SLMC are included with rare inaccuracy or only two sources are included.
24.0 pts
Empirical, scholarly evidence sources supporting your budget strategies for the cardiac care unit at SLMC lack an occasional important element or specificity or less than two sources are included.
11.0 pts
Empirical, scholarly evidence sources supporting your budget strategy for the cardiac care unit at SLMC have multiple instances of inaccuracies.
0.0 pts
Empirical, scholarly evidence sources supporting your budget strategy are not present.
30.0 pts
This criterion is linked to a Learning Outcome Budget Strategies
Identify budget strategies to keep your forecast for the cardiac unit at SLMC within budget.
40.0 pts
Clearly identifies budget strategies to keep your forecast for the cardiac unit at SLMC within budget.
35.0 pts
Identifies budget strategies to keep your forecast for the cardiac unit at SLMC within budget, with missing elements.
32.0 pts
Identifies budget strategies with a moderate impact to keep your forecast for the cardiac unit at SLMC within budget.
15.0 pts
Identifies budget strategies with limited impact to keep your forecast for the cardiac unit at SLMC within budget.
0.0 pts
Budget strategies are not identified.
40.0 pts
This criterion is linked to a Learning Outcome Conclusion
Concluding statements summarizing content are present.
30.0 pts
Concluding statements summarizing content are present and accurate.
26.0 pts
Concluding statements summarizing content are present with rare inaccuracy or missing elements.
24.0 pts
Concluding statements summarizing content lack an occasional important element or specificity.
11.0 pts
Concluding statements summarizing content have multiple instances of inaccuracies.
0.0 pts
Concluding statements summarizing content are missing.
30.0 pts
This criterion is linked to a Learning Outcome Text, title page, and references are consistent with APA format
Text, title page, and references are consistent with APA format.
10.0 pts
Text, title page, and references are consistent with APA format.
9.0 pts
Text, title page, and references are consistent with APA format with 1-2 exceptions.
8.0 pts
There are 3-4 APA format errors in the text, title page, and/or reference page(s).
4.0 pts
There are 5 APA format errors in the text, title page, and/or reference page(s).
0.0 pts
There are 6 or more APA format errors in the text, title page, and reference page(s).
10.0 pts
This criterion is linked to a Learning Outcome Ideas and information from other sources are cited correctly
Ideas and information from other sources are cited correctly.
10.0 pts
Ideas and information from other sources are cited correctly.
9.0 pts
Ideas and information from other sources are cited correctly with one exception.
8.0 pts
Ideas and information from other sources are cited with two errors.
4.0 pts
Ideas and information from other sources are cited with 3 or more errors.
0.0 pts
Ideas and information from other sources are not cited.
10.0 pts
This criterion is linked to a Learning Outcome Rules of grammar, word usage, and punctuation are followed
Rules of grammar, word usage, and punctuation are followed.
5.0 pts
Rules of grammar, word usage, and punctuation are followed.
4.0 pts
Rules of grammar, word usage, and punctuation are followed with 1-2 exceptions.
3.0 pts
Rules of grammar, spelling, word usage, and punctuation are consistent with formal written work with 3-4 exceptions.
2.0 pts
Rules of grammar, spelling, word usage, and punctuation are consistent with formal written work with 5 exceptions.
0.0 pts
Rules of grammar, spelling, words usage, and punctuation are followed with more than 6 exceptions.
5.0

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
Key Concepts of Forecasting
Get a 15% Discount on this Paper
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with MyCoursebay
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Business and administrative studies
Thank you very much for your help.
Customer 452861, September 16th, 2022
Nursing
Thank you MyCoursebay team for your support. With your help I got an A for my past courses
Customer 452635, May 7th, 2022
Social Work and Human Services
Excellent work
Customer 452587, September 4th, 2021
Nursing
Thank you so much for being the best website for assignment help.
Customer 452635, June 24th, 2022
Marketing
Yes and thank you
Customer 452701, October 25th, 2022
Business and administrative studies
GOOD
Customer 452813, June 30th, 2022
Human Resources Management (HRM)
Thank you.
Customer 452701, April 24th, 2023
Nursing
Great work! I can tell they put great effort in completing this assignment. Thank you.
Customer 452707, October 14th, 2022
Human Resources Management (HRM)
Thank you so much.
Customer 452701, August 14th, 2023
Nursing
Always perfectly done!
Customer 452955, October 28th, 2023
Human Resources Management (HRM)
Dynamic!!
Customer 452701, October 17th, 2023
Nursing
Thank you for a great paper.
Customer 452707, August 6th, 2022
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Good News ! We now help with PROCTORED EXAM. Chat with a support agent for more information

NEW

Thank you for choosing MyCoursebay. Your presence is a motivation to us. All papers are written from scratch. Plagiarism is not tolerated. Order now for a 15% discount

Order Now