Assignment Paper

IHP 450 Milestone Three Short Paper Guidelines and Rubric
Prompt: After reviewing your proposal outline, your boss has strongly recommended that you identify options for implementing your capital proposal. Wanting
to submit a successful proposal and earn a $2,500 bonus, you plan to do just that. Previously, you created a departmental budget that considered the costs and
revenue associated with your capital budget item. For Milestone Three, you’ll go one step further and research the options for implementing your capital budget
item(s). This research will culminate in a short paper identifying the capital item(s) you are proposing, describing:
I. Impacts and Justification
A. Short-Term Impact: What short-term impact will this request have on the overall financial statements used for decision making and on financial
planning?
B. Long-Term Impact: What long-term impact will this request have on the overall financial statements used for decision making and on financial
planning?
C. Cost-Benefit: What is the percentage increase in financial need? How does this balance with the potential value added by your requests? What is
the cost-benefit of these requests?
D. Strategic Planning: Provide an explanation for each budget request in your proposal, taking into consideration strategic plans. How do your
budget requests show strategic planning and forethought?
E. Conflicts: Describe the strategic impact and any potential ways in which your recommendations might conflict with the overall strategic vision.
When discussing the benefits, indicate whether your proposal will affect each of the key healthcare operating indicators and why the proposal will or will not
have that affect.
Requirements of submission: Your paper must be submitted as a two- to three-page document with double spacing, 12-point Times New Roman font, one-inch
margins, using APA for citations.
Critical Elements Proficient (100%) Needs Improvement (75%) Not Evident (0%) Value
Impacts and
Justification: ShortTerm Impact
Logically determines the shortterm impact of the proposal on
the financial statements and
organizational financial
planning
Determines the short-term
impact of the proposal on the
financial statements and
organizational financial
planning, but with gaps in logic
Does not determine the shortterm impact of the proposal on
the financial statements and
organizational financial
planning
18
Impacts and
Justification: LongTerm Impact
Logically determines the longterm impact of the proposal on
the financial statements and
organizational financial
planning
Determines the long-term
impact of the proposal on the
financial statements and
organizational financial
planning, but with gaps in logic
Does not determine the longterm impact of the proposal on
the financial statements and
organizational financial
planning
18
Impacts and
Justification: CostBenefit
Determines the cost-benefit of
the proposal based on detailed
analysis of financial information
and potential value added
Determines the cost-benefit of
the proposal, but not based on
analysis, or analysis of financial
information and potential value
added is not detailed
Does not determine the costbenefit of the proposal
18
Impacts and
Justification: Strategic
Planning
Reflects thoroughly upon and
explains in detail how the
budget proposal evidences
strategic planning and
forethought
Reflects upon and explains how
the budget proposal evidences
strategic planning and
forethought, but reflection
lacks comprehensive attention
or explanation lacks detail
Does not reflect upon and
explain how the budget
proposal evidences strategic
planning and forethought
18
Impacts and
Justification: Conflicts
Accurately describes the
strategic impact of the proposal
and identifies logical, potential
conflicts with the overall
strategic vision of the
organization
Describes the strategic impact
of the proposal and identifies
potential conflicts with the
overall strategic vision of the
organization, but with gaps in
accuracy or logic
Does not describe the strategic
impact of the proposal nor
identify potential conflicts with
the overall strategic vision of
the organization
18
Articulation of
Response
Submission has no major errors
related to citations, grammar,
spelling, syntax, or organization
Submission has major errors
related to citations, grammar,
spelling, syntax, or organization
that negatively impact
readability and articulation of
main ideas
Submission has critical errors
related to citations, grammar,
spelling, syntax, or organization
that prevent understanding
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