Staff Training for Planning and Implementation

Paper instructions

Course 8105
This week, you will explore the financial costs associated with conducting your DNP project. Using tables, describe the costs associated with your project. Consider costs with planning, approval, implementation, and dissemination. Some costs to consider include institutional review board (IRB) fees, workforce time spent on program planning and development, and costs associated with sharing your work. Describe who will incur the costs associated with your project. Also, review and share potential funding sources such as professional associations (Sigma Theta Tau and Emergency Nurses Association) or seed money provided by the clinical site.

Please elaborate on previously written cost-benefit and make a table to represents the costs associated.
In a quality improvement project, cost benefit analysis provides an estimation of the required costs to achieve project goals and objectives. Cost-benefit analysis assists in evaluating the necessary resources and to make decisions on resource allocation (Svensson & Hultkrantz, 2017). The teaching and learning materials needed to complete the project will cost $3000. Also there is need for traveling cost which is estimated to be $2000, and cost for lunch and break for all the participants, which is estimated to account for $3000.
Timeline
The quality improvement project will be a 10-week project. After proposal approval, data collection process will commence. After data collection, the data will be analyzed and interpreted, and discussions of findings will be presented as the final part of the project.
Cost-Benefit Analysis/Budget

Budget Cost
Teaching and learning materials $300.00
Travelling cost $1,000.00
Participants (Lunch, break etc.) 0
Total Cost $1,300.00
Example of descriptive table Below; please use the 1300 budjet to elaborate.

Example table. Preliminary Costs for DNP Capstone Project

ITEM                                                  PROJECTED COST                     COMMENTS

Staff Training for Planning and Implementation
0 Staff training for nursing, medical assistants, case management, and new patient intake personnel. Cost will be absorbed by the clinic.
IRB Fees – Approval                       0 Student researcher will use South University IRB.
Workforce Time                $ 500.00 Time spent on planning, development, and implementation. Cost will be absorbed by the student researcher.
Statistical Software                $ 100.00 Cost will be absorbed by the student researcher.
Copying                       0 Cost of copying PHQ-9, consent forms, informational material for staff, and dissemination of work and results with other professional colleagues, and publishing will be absorbed by the clinic.
Travel                $  51.30 Estimate ten trips to the clinic at $0.57/mile. This cost will be absorbed by the student researcher.
Use of questionnaire tool (PHQ-9)                      0 No cost, tool is public domain.
Total                $651.30

Common funding sources for nursing research include (“Grants”, 2020): Sigma Theta Tau, The American Nurses Foundation, Health Resources & Services Administration, National Institute of Nursing Research, and Substance Abuse and Mental Health Services Administration (SAMHSA).  The student researcher will absorb the costs incurred for the DNP Capstone Project and no funding sources will be used.