Week 3: Project Plan

All projects should have a comprehensive plan for successful completion. This week, you must provide details about your project that are designed to organize and manage all relevant resources to achieve specific goals and objectives.

Write 3-4 pages not including title page and reference page that explain the following:

• Problem statement 
• Measurable goals and objectives 
• Resources required 
  • Human 
  • Financial 
• A list of the tasks that are required for successfully implementing the project 
• Budget 
• Communication plan 
• Key stakeholders 
  • Direct 
  • Indirect 

Abbreviated Example

• Board approval: Present the project to the board, including the executive summary. Obtain approval to move forward with requests for proposals (RFPs). 
• Resource allocation: Submit requests for proposals to the 2 vendors that are identified. Include the return on investment (ROI) requirement. Meet with the bank representatives regarding financing. Meet with marketing to develop a campaign promoting the new process. 
• Implementation tasks: Schedule employee meetings to share the plan to use new laboratory equipment that will allow a shorter time for obtaining results. Meet with all staff to communicate the plan, and create teams to handle the different components of the implementation. It is necessary to communicate the purpose of the proposed change and highlight the benefits. Create training schedules to allow the nursing staff time to learn the new laboratory process. The receptionists will need to be trained to identify which patients will be using the new laboratory and the standard process.

 

For each of the following three scenarios, use a chart format to assess how each traditional theoretical perspective would best explain the situation that a social worker would need to address. You may create your charts in Word or another software program of your choice. An example chart follows the three scenarios.

Scenario 1

You are a hospital social worker who is working with a family whose older adult relative is in end-stage renal failure. There are no advanced directives and the family is conflicted over what the next steps should be.

Scenario 2

You are a caseworker in a drug court. Your client has had three consecutive dirty urine analyses. She is unemployed and has violated her probation order.

Scenario 3

You are a school social worker. A teacher sends her 9-year-old student to you because he reports that he has not eaten in 2 days and there are no adults at home to take care of him.

Chart Example:

Your client, an 11-year-old girl, was removed from home because of parental substance abuse. She is acting out in her foster home, disobeying her foster parents and not following their rules.

 Support your assignment with a minimum of three resources.

Length: 3 charts, not including title and reference pages

Your assignment should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards where appropriate. Be sure to adhere to Northcentral University’s Academic Integrity Policy.

 

Analyze and explain the associated health problems of the obesity epidemic and eating disorders such as anorexia nervosa, bulimia nervosa, and binge-eating.

Write a response of at least 350 words that explains the associated health problems of the obesity epidemic and eating disorders. Address the following:

• Describe the risks associated with excess body fat.
• Discuss at least five factors that influence the obesity epidemic.
• Assess the various techniques for measuring body fat.
• Explain the various strategies for weight loss.
• What are some health problems associated with anorexia nervosa, bulimia nervosa, and binge-eating disorder? Explain how each of the eating disorders mentioned may lead to health problems. What are the treatment options for these disorders?

Include references with citations in APA format.

In two different paragraph give your personal opinion to  Mary Harris and  Destiny Wheeler 

 Destiny Wheeler 

A healthcare organization thinking about making a capital investment is a big decision. There are various ways and methods they should go about when selecting metrics for evaluating this capital project. Relying on a combination of metrics allows for a better evaluation. The different metrics that should be utilized are net present value, internal rate of return, and payback period. The net present value considers the time value of money, as long as the projects are generating cash flow (Woodruff, 2019). The investor’s requires rate of return is used to calculate the present value of future cash flow. The internal rate of return utilizes a discounted rate that makes the present value of future cash flows equal zero (Woodruff, 2019). This method is beneficial because it compares the attractiveness of several projects. The payback period is the easiest to calculate. This method is a calculation of how long it takes to get an original investment back (Woodruff, 2019). Relying on a combination of metics has its pros and cons. It is beneficial because capital budgeting can be very complex. Only using one metric will not give the detailed information that an organization wants. Using multiple metrics also allows users to vary the tool when they have large, strategic projects (DeloitteCFOEditor, 2013). On the other hand, utilizing multiple metics can cause some issues. One issue being that each metric is different, meaning there might be a lot of time taken up. The net present value does not necessarily help with the issue of prioritizing many projects (DeloitteCFOEditor, 2013).

References:

DeloitteCFOEditor. (2013, January). Capital Expenditure Planning: Using Metrics to Monitor Effectiveness. Retrieved December 11, 2019, from https://deloitte.wsj.com/cfo/2013/01/29/capital-expenditure-planning-using-metrics-to-monitor-effectiveness/ 

Woodruff, J. (2019, March). Three Primary Methods Used to Make Capital Budgeting Decisions. Retrieved December 11, 2019, from https://smallbusiness.chron.com/three-primary-methods-used-make-capital-budgeting-decisions-11570.html 

 Mary Harris 

A. During my research, I came across this article entitled, “De Blasio Announces $52 Million in Planned Captial Investment for NYC Health and Hospitals/Metropolitan, (2018). If anyone cares to read this article in its entirety, click on [email protected]

According to Bill de Blasio (this is the last year article) (2018), A $52 million in Capital Investment Projects will be conducted over time with some scheduled for completion in the spring of 2021, to improve NYC Health and Hospitals/Metropolitan’s Infrastructure. I presented this because this could very well still be in the planning stage.  

B. Which metrics to use for an organization depends on the strategy (Deloitte, 2013)they have in place and the results they want to accomplish, the nature of the project, what answers they are seeking and does the organization has the skills when it comes to “Financial Analysis”. It is not one size fit all approach, therefore multiples metrics need to used to reach the organization’s objectives.

C. Multiples Metrics must be used to evaluate a Capital Investment Project. With so many moving parts and the complexity of it all, it is nearly impossible for one metric to do the job. The budget alone is complexed enough, we really have not begun to factor in the project itself. The risk that is involved, you need a metric for that. What I am saying for every moving part of the astronomical project, there is a metric for it, or should be.

D. There are always pros and cons to all of the metrics  (only a few is listed) that the organization will use to monitor/evaluate the project. We can look at;

• Hurdle Rate: Pros -Objectivity in preventing management from accepting a project because of a non-financial (CFI, n.d.) factors. Con: This metric is not always straightforward as in picking the investment with the highest return.
• Payback Period: Pros – Shortest approach to calculating Capital Expenditures. Con: this metric ignores the time value of money it emphasizes liquidity rather than (Connectus, n.d.) profitability.
• Net Present Value (NPV): Pros – This metric is very good in letting management know whether the value of all cash flows a project generates will exceed the cost of starting that particular project. It gives a positive or negative outlook. Con: Difficult (EFinance Management, n.d.) in determining the Rate of Return.

Mary

References

De Blasio Announces $52 Million in Planned Capital Investment for NYC Health and Hospitals/Metropolitan (2018). Retrieved from [email protected]

Hurdle Rate Definition. Retrieved from https://corporatefinanceinstitute.com

3 Advantages and Disadvantages of Payback Period Method. Retrieved from https://connectusfund.org

Advantages and Disadvantages of NPV. Retrieved from https://efinancemanagement.com

Choosing Capex metrics (2013). Retrieved from https://deloittle.wsj.com