Week 8 705 Assignment Example | Topics and Well Written Essays - 250 words

Week 8 705 - Assignment Example This requires knowledge on budgeting and components of budgets so that a DNP can collaborate with line personnel and inform them to ensure availability of resources for meeting patients’ needs. Ordering of tests and prescription of medicines originates from DNPs and the professionals are the right source of information for budgeting for the necessary resources. DNPs’ knowledge on budgeting can facilitate accuracy in resource allocation and availability of the required resources. In addition, ability to identify each of the direct costs such as personnel, equipments, supplies, and training expenses and to allocate expected costs to them facilitates budgeting within a DNP’s department and informs a facility’s budgeting (Loyns & Gitlin, 2008). Personnel are critical to service delivery and understanding workload volume informs DNPs on the required human resource base. The most common volume and peak volume are important to estimating extreme ends of a facility’s needs that can ensure economic, but sufficient, allocation of resources. Reliance on most common workload, together with further analysis then informs DNPs roles in budgeting for their departments and their facilities. As a leader, a DNP needs to understand human resource planning concepts for informing human resource management on appropriate human resource composition and for ensuring optimal personnel output in a DNP’s department through motivational factors (Waxman, 2012; Loyns & Gitlin,