Topic 5: Strategic Planning and Budgeting

 Topic 5: Strategic Planning and Budgeting

The scope of the leadership practicum project is to develop a team-building activity aimed at boosting camaraderie that will improve work relationships and create a positive, healthy environment at Seattle VA Medical Center. The proposed team-building activity is simulation training, whereby healthcare providers will be grouped into teams. In the teams, they will experientially perform various teamwork skills, like interpersonal communication and coordination, in an environment that mimics the patient care setting. McEwan et al. (2018) explain that simulation training is an effective approach to teamwork intervention. The simulation activities will facilitate reflection on practice by the health providers through a shared review of what transpired in the simulation scenario and how they can apply the lessons gained in strengthening their work relationships.

The project’s budgetary requirements will include a budget for the simulation facility, personnel, training materials, and equipment. Personnel costs will consist of all the human resources needed to facilitate the training, including instructional, administration, and clerical (Fletcher, 2018). Facilities costs will include the resources needed to provide physical space for the training. Equipment and materials will consist of instructional equipment, furnishings, and supplies. Other costs will include instructor training and insurance costs.

The first step needed in the budget planning process to implement the project is to use historical data. I will evaluate similar past projects and their budgets to get a head start on creating my budget. In addition, I will evaluate the successes and mistakes of past projects, which will provide a clear path that will lead to more accurate estimates (Fletcher, 2018). The next step will be to leverage experts in budget creation since they have experience and knowledge. I will consult my preceptor and project managers in the facility. Afterward, I will baseline and re-baseline the budget. The project’s budget will be the baseline by which its progress will be measured once it has started (Fletcher, 2018). However, as change occurs, I will re-baseline the project. In addition, I will update the budget in real-time as soon as changes occur to ensure there is no wastage.

References

Fletcher, J. D. (2018). Economic considerations in simulation-based training. In Fundamental issues in defense training and simulation (pp. 135-154). CRC Press.

McEwan, D., Ruissen, G. R., Eys, M. A., Zumbo, B. D., & Beauchamp, M. R. (2018). The Effectiveness of Teamwork Training on Teamwork Behaviors and Team Performance: A Systematic Review and Meta-Analysis of Controlled Interventions. PloS one, 12(1), e0169604. https://doi.org/10.1371/journal.pone.0169604