Budgeting for Nursing Managers

  • Define the term budget and identify the components of an operational budget
  • Identify a capital budget and why it is important for the nurse manager to have input into this budget
  • Discuss Nurse Manager, Jeff Tate’s approach to the budget after reviewing the staffing concerns for the current year
  • Do you agree or disagree with his budget decision to prepare for next year’s budget (explain your decision)?
  • Would you approach the budgeting process differently than Jeff? Why or why not? Support your decision from this week’s reading
  • Was Jeff Tate’s strategic planning for the New Year’s budgeting process collaborative (Discuss why or why not and support your answer)

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