Develop a thorough implementation plan for the economic initiative you proposed in Assessment 1.(See below) Your plan must include a budget for material, staffing, and capital costs over the first five years of the initiative, as well as projected earnings. In addition, include:
⦁ A plan and timeline for rolling out the initiative.
⦁ An analysis of how the initiative may impact other aspects of the organization or care setting.
⦁ An explanation how the initiative can remain viable in the face of environmental changes.
⦁ Sufficient relevant and credible supporting evidence.
⦁ Create a budget for expected costs and earnings over the first five years of your proposed initiative.
⦁ What are the expected material, staffing, and capital costs of your proposed initiative over its first five years?
⦁ What are the projected earnings for your organization or care setting over the first five years of your economic initiative?
⦁ How does this budget take into account the findings and feedback you received on your business case?
⦁ What assumptions are you basing your budget on?
⦁ Create an implementation plan for your proposed initiative that enables achievement of quality or service improvements in an ethical and culturally equitable way.
⦁ Did you create a timeline for the rollout?
⦁ How will you work with relevant stakeholders to ensure that your economic initiative is implemented successfully and sustained?
⦁ How will you ensure that the rollout is conducted in an ethical and culturally equitable manner?
⦁ How will you ensure that the desired quality or service improvements your economic initiative will achieve are on track during and after implementation?
⦁ Analyze the impact of your proposed initiative, once implemented, on other aspects of your organization or care setting and ways in which negative impacts could be mitigated.
⦁ What other aspects of your organization or care setting may be positively or negatively impacted by the implementation of your proposed initiative?
⦁ How will these other aspects of your organization or care setting be affected? (For example, increased workload on a testing department, borrowing of staff hours from another part of the care setting, or better communication with the community.)
⦁ How could you mitigate at least some of the negative effects on other aspects of your organization or care setting?
⦁ Explain your strategies for ensuring that your proposed initiative can remain a viable asset to the organization or care setting in the face of dynamic environmental forces.
⦁ What are the environmental risks to your economic initiative?
⦁ How could your initiative, or aspects of it, still be a viable benefit to your organization or care setting if the environment shifts in unpredictable ways?
⦁ What strategies would you propose implementing to keep all, or a portion of, your initiative a viable net benefit to your organization or care setting?
⦁ Justify the relevance and significance of the quantitative and qualitative economic, financial, and scholarly evidence you used throughout your plan to support your recommendations.
⦁ How is the evidence relevant to your organization or care setting?
⦁ How is the evidence relevant to your proposed economic initiative?
⦁ How does the evidence illustrate a solution that has been successful in the past?
⦁ How does the evidence illustrate that a recommendation is the best course of action for your situation and organization or care setting?
⦁ Write concisely and directly, using active voice.
⦁ Proofread your document before you submit it to minimize errors that could distract readers and make it more difficult for them to focus on the substance of your implementation plan.
⦁ Adhere to the rules of grammar, usage, and mechanics.
Example Assessment: You may use the following to give you an idea of what a Proficient or higher rating on the scoring guide would look like:
