NR533 week7 -B

NR533JAN19W7_Business_Plan_Assignment_Guidelines__withrubric_12.10.18nhs.docx

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Business Plan Assignment

Guidelines With Scoring Rubric

Purpose

The purpose of this assignment is to develop a business plan for a quality improvement project, program, or service related to an area of student interest within the selected healthcare organization.

Due Date: Sunday 11:59 p.m. MT at the end of Week 7

Total Points Possible: 200

Requirements:

1. Address all components of the business plan as outlined in Preparing the Paper.

2. Refer to the Business Plan Worksheet, available for download on the Course Resources page, as needed to complete the assignment.

3. This paper will be graded on quality and completeness of information, accuracy of any required calculations, use of citations, use of standard English grammar, sentence structure, and organization based on the required components.

4. 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.

5. Use of Turn It In is used for this assignment and is part of the submsiion into the assignment portal, See the Turn It In guidelines within the Resources tab on the left.

6. Submit the final paper to the Files by Sunday 11:59 p.m. MT. Any questions about this paper may be discussed in the weekly Q & A forum under Discussions. Once your paper has been submitted to Files, you are not allowed to resubmit to that portal without express approval by the faculty.

7. The length of the paper is to be no greater than seven pages including the appendices, but excludes title page and reference page. Extra pages will not be read nor graded by the instructor. Content beyond the page limit will not be considered part of the paper. Your business plan worksheet should be included in the appendices section but is not counted as part of your page limit..

8. APA format (6th edition) is required in this assignment, including a title page and a reference page. Use headings for the sections of the paper according to APA format. Remember that the introduction does require a heading. See the APA manual for details of formatting. You may also refer to Guidelines for Writing Professional Papers found in Course Resources.

9. A complete paper will contain all components outlined under Preparing the Paper.

Preparing the paper

A business plan is a detailed plan for a proposed program, project, or service.

The following sections should be clearly present with headings and complete. Use the headings provided in the outline below. Remember, there is no heading used for the introduction section.

I. Introduction/Overview

a. Purpose of assignment

b. PICOT

c. Purpose of business plan

d. What will be included

II. Proposal

a. Cover letter

b. Executive Summary

III. Detailed Abstract

a. Two types analyses

b. Marketing and financial plans

IV. Appendices

a. Financial tables

b. Graphs/charts

V. Conclusion

a. What was covered in the plan

b. Strengths and weaknesses of the plan

c. Approach for approval

1. Clearly introduce your business-plan assignment in the Overview section. This should be no longer that one paragraph. Include purpose of your assignment, PICOT as basis for and purpose business plan; and what will be covered in the assignment.

2. Include a clearly articulated cover letter written in business letter format, active voice and exactly as it would be read by leadership. Include overview of issue, proposed solution, and action request. There should be no other content on this page except for the business letter.

3. Present a captivating executive summary that is interesting and captures the interest of leadership and draws them in to read further. Content includes (1) a description of the proposed project, program, or service, (2) why it is being proposed, and (3) what outcomes are most likely to occur as a result.

4. Detailed Abstract expands the three areas of the executive summary.

a. Expand description of project purpose

b. Issue/problem defined; supportive evidence for project

c. Expected outcomes and project timeline

d. Marketing/needs analyses and plans at least two strategies

e. Fit with mission of organization

f. Fit with current services

g. Financial plan including budgetary needs

h. Financial impact on stakeholders (organization, patients, unit of service, community)

i. Break-even analysis and cost/benefit analysis results with reference to actual budget and analysis in appendices

5. Appendices should include any financial tables, charts, or graphs, or other supporting documents referred to in the detailed abstract. The business plan worksheet should be included in the appendices.

6. Conclusion for the paper includes an overview of what was covered in the paper, strengths and weaknesses of the plan, and plan for seeking proposal approval.

7. The paper length will be seven pages maximum including the appendices and excluding title and reference page(s).

Note: If you go over the paper length, the additional information will not be read nor considered for part of you grade by the instructor.

8. Title and reference page(s) must be in APA format (6th edition).

9. Use 12-point Times New Roman font and one-inch margins on all sides of the paper.

10. Note: After submitting your assignment to Files, please upload your completed executive summary into the Week 8 designated Discussion to share with your peers.

Category	Points	Description
Overview	20	Purpose of assignment; purpose of business plan; PICOT clearly stated; what will be included in the paper
Proposal	30	Cover letter in business letter format engages reader with brief overview of issue and solution and engages reader to take action. Executive summary describes project, its purpose, outcomes, marketing, and financial summary.
Detailed Abstract	75	Expand description of project purpose, issue/problem defined; supportive evidence for project; expected outcomes and timeline; marketing/needs analyses and plans; fit with mission of organization; fit with current services; financial plan including budgetary needs; financial impact on stakeholders; break-even analysis and cost/benefit analysis results
Appendices	25	Business plan worksheet; budget; break-even analysis; other charts, tables, referred to in plan
Conclusion	25	Concluding statements that include what was covered in the assignment; strengths and weaknesses of the plan; and strategies for seeking approval
Paper formatting requirements	15	Text, title page, headings, and references are consistent with APA format; heading labels consistent with paper requirements; Ideas and information from other sources are cited correctly; page length within seven-page limit
Writing conventions	10	Rules of grammar, word usage, spelling, and punctuation are followed
Total	200	A quality assignment will meet or exceed all of the above requirements.

Chamberlain College of Nursing NR533 Financial Management in Healthcare Organizations

Grading Rubric

Assignment Criteria	Exceptional Outstanding or highest level of performance	Above Average Very good or high level of performance	Average Minimum level of performance	Failing Poor performance
Content Possible Points = 200 Points
Introduction	20 Points	15 Points	10 Points	5 Points
	All components of introduction are clearly and specifically articulated. 1. Purpose of assignment 2. Purpose of business plan 3. PICOT clearly stated 4. What will be included in the paper	Three of four components of introduction are clearly and specifically articulated. 1. Purpose of assignment 2. Purpose of business plan 3. PICOT clearly stated 4. What will be included in the paper	Two of four components of introduction are clearly and specifically articulated. 1. Purpose of assignment 2. Purpose of business plan 3. PICOT clearly stated 4. What will be included in the paper	Only one component of introduction is clearly and specifically articulated. 1. Purpose of assignment 2. Purpose of business plan 3. PICOT clearly stated 4. What will be included in the paper
Proposal Cover Letter and Executive Summary	10 Points	7 Points	4 Points	0 Points
	Cover Letter: All components of cover letter are clearly and accurately presented. 1. Cover letter in business letter format 2. Brief overview of issue and solution 3. Engages reader to take action	Cover Letter: Two of three components of cover letter are clearly and accurately presented. 1. Cover letter in business letter format 2. Brief overview of issue and solution 3. Engages reader to take action	Cover Letter: One of three components of cover letter are clearly and accurately presented. 1. Cover letter in business letter format 2. Brief overview of issue and solution 3. Engages reader to take action	Cover Letter: No components of cover letter are clearly and accurately presented. 1. Cover letter in business letter format 2. Brief overview of issue and solution 3. Engages reader to take action
	20 Points	15 Points	10 Points	5 Points
	Executive Summary: All components of executive summary are clearly and accurately presented. 1. Executive summary engages reader’s interest in project. 2. Provides summary of project a. purpose, b. outcomes, and c. marketing and financial summaries.	Executive Summary: Three of four components of executive summary are clearly and accurately presented. 1. Executive summary engages reader’s interest in project. 2. Provides summary of project a. purpose, b. outcomes, and c. marketing and financial summaries.	Executive Summary: Two of four components of executive summary are clearly and accurately presented. 1. Executive summary engages reader’s interest in project. 2. Provides summary of project a. purpose, b. outcomes, and c. marketing and financial summaries.	Executive Summary: Only one component of executive summary is clearly and accurately presented. 1. Executive summary engages reader’s interest in project. 2. Provides summary of project a. purpose, b. outcomes, and c. marketing and financial summaries.
Detailed Abstract Full description of project proposal	75 Points	68 Points	60 Points	45 Points
	All components are clearly and completely articulated. 1. Expand description of project purpose 2. Issue/problem defined 3. Supportive evidence for project 4. Expected outcomes from project and timeline 5. Marketing/needs analyses and plans included 6. Fit with mission of organization 7. Fit with current services 8. Financial plan including budgetary needs 9. Financial impact on stakeholders 10. Break-even and Cost/benefit analysis results	8 to 9 components are clearly and completely articulated. 1. Expand description of project purpose 2. Issue/problem defined 3. Supportive evidence for project 4. Expected outcomes from project and timeline 5. Marketing/needs analyses and plans included 6. Fit with mission of organization 7. Fit with current services 8. Financial plan including budgetary needs 9. Financial impact on stakeholders 10. Break-even and Cost/benefit analysis results	6 to 7 components are clearly and completely articulated. 1. Expand description of project purpose 2. Issue/problem defined 3. Supportive evidence for project 4. Expected outcomes from project and timeline 5. Marketing/needs analyses and plans included 6. Fit with mission of organization 7. Fit with current services 8. Financial plan including budgetary needs 9. Financial impact on stakeholders 10. Break-even and Cost/benefit analysis results	5 or less components are clearly and completely articulated. 1. Expand description of project purpose 2. Issue/problem defined 3. Supportive evidence for project 4. Expected outcomes from project and timeline 5. Marketing/needs analyses and plans included 6. Fit with mission of organization 7. Fit with current services 8. Financial plan including budgetary needs 9. Financial impact on stakeholders 10. Break-even and Cost/benefit analysis results
Appendices	25 Points	15 Points	10 Points	5 Points
	All required supporting documents are included and accurately presented. Required: 1. Business plan worksheet 2. Budget 3. Break-even analysis 4. Other charts, tables, referred to in plan	Three of four required supporting documents are included and accurately presented. 1. Business plan worksheet 2. Budget 3. Break-even analysis 4. Other charts, tables, referred to in plan	Two of four required supporting documents are present and accurately presented. 1. Business plan worksheet 2. Budget 3. Break-even analysis 4. Other charts, tables, referred to in plan	Only one of four required supporting documents is present and accurately presented. 1. Business plan worksheet 2. Budget 3. Break-even analysis 4. Other charts, tables, referred to in plan
Conclusion	25 Points	15 Points	10 Points	0 Points
	All required components for conclusion are clearly and accurately presented. 1. Concluding statements that include what was covered in the assignment 2. Two strengths and two weaknesses of the plan are described 3. Strategy for obtaining project approval	Two of three required components for conclusion are clearly and accurately presented. 1. Concluding statements that include what was covered in the assignment 2. Two strengths and two weaknesses of the plan are described 3. Strategy for obtaining project approval	One of three required components for conclusion are clearly and accurately presented. 1. Concluding statements that include what was covered in the assignment 2. Two strengths and two weaknesses of the plan are described 3. Strategy for obtaining project approval	All required components for conclusion are missing, inaccurate, or unclearly written. 1. Concluding statements that include what was covered in the assignment 2. Two strengths and two weaknesses of the plan are described 3. Strategy for obtaining project approval
Paper Format	15 Points	10 Points	5 Points	0 Points
	All formatting elements are present with two or less errors. 1. Text, title page, headings, and references 2. Headings label follow required outline 3. All ideas and information from other sources are cited correctly 4. Page length within seven-page limit	Formatting elements are mostly correct with three errors. 1. Text, title page, headings, and references 2. Headings label follow required outline 3. All ideas and information from other sources are cited correctly 4. Page length within seven-page limit	Formatting elements are mostly correct with four errors. 1. Text, title page, headings, and references 2. Headings label follow required outline 3. All ideas and information from other sources are cited correctly 4. Page length within seven-page limit	All formatting elements are present with five or more errors. 1. Text, title page, headings, and references; 2. Headings label follow required outline; 3. All ideas and information from other sources are cited correctly; 4. Page length within seven-page limit
Writing Conventions	10 Points	7 Points	5 Points	0 Points
	Rules of grammar, word usage, spelling, and punctuation are followed and contain two or less errors.	Rules of grammar, word usage, spelling, and punctuation are followed with three errors.	Rules of grammar, word usage, spelling, and punctuation are followed and contain with four errors.	Rules of grammar, word usage, spelling, and punctuation are followed with greater than five or more errors.
Total Points		_____/200 points

NR533 Business Plan Directions & Rubric.docx 12.10.18nhs