part 4..
Preparing and Managing a Capital Budget Scoring Guide
CRITERIA NON-PERFORMANCE BASIC PROFICIENT DISTINGUISHED
Describe a capital acquisition.
Does not describe a capital acquisition.
Attempts to describe a capital acquisition, but omits relevant details about the scope or timeline.
Describes a capital acquisition.
Describes a capital acquisition, and identifies assumptions on which the plan is based.
Justify the need for a capital acquisition.
Does not justify the need for a capital acquisition.
Attempts to justify the need, but omits benefits related to nursing staff, patient care, or organizational or unit mission, or fails to consider executive perspectives.
Justifies the need for a capital acquisition.
Justifies the need for a capital acquisition, and impartially explains pros and cons or alternative perspectives on the proposed improvements.
Prepare a capital budget.
Does not prepare a capital budget.
Attempts to prepare a capital budget, but omits the minimum dollar amount, direct or indirect expenses, or a line item for contingencies.
Prepares a capital budget.
Prepares a capital budget, and suggests areas of uncertainty, knowledge gaps, and/ or additional information that could improve the plan.
Describe the process for calculating costs.
Does not describe the process for calculating costs.
Attempts to describe the process for calculating costs, but omits information about sources, currency, reliability, or methods.
Describes the process for calculating costs.
Describes the process for calculating costs, highlighting any data that are questionable and explaining how discrepancies could affect calculations.
Present a plan for budget management.
Does not present a plan for budget management.
Attempts to present a plan for budget management, but fails to consider collaborative partners, cost control methods, or management of budget variances.
Presents a plan for budget management.
Presents a plan for budget management, including assumptions underlying the plan.
Explain how a capital acquisition will affect the financial health of an organization.
Does not explain how a capital acquisition will affect the financial health of an organization.
Attempts to explain how a capital acquisition will affect the financial health of an organization, but fails to consider ROI, cost recovery, or depreciation value.
Explains a capital acquisition will affect the financial health of an organization.
Explains how a capital acquisition will affect the financial health of an organization, and identifies areas of uncertainty or knowledge gaps.
Present budget data and information clearly and accurately.
Does not present budget data and information clearly and accurately.
The budget data and information presented is not consistently clear or includes errors.
Presents budget data and information clearly and accurately.
Presents budget data and information clearly and accurately. Expresses main points succinctly, using correct grammar and mechanics.
CRITERIA NON-PERFORMANCE BASIC PROFICIENT DISTINGUISHED
Integrate relevant and credible sources of evidence to support budget data and information, correctly formatting citations and references using current APA style.
Does not integrate relevant and credible sources of evidence to support budget data and information, correctly formatting citations and references using current APA style.
Sources lack relevance or credibility, are poorly integrated, or are incorrectly formatted.
Integrates relevant and credible sources of evidence to support budget data and information, correctly formatting citations and references using current APA style.
Integrates relevant, credible, and convincing sources of evidence to support budget data and information. Sources are current, and citations and references are error- free.