Cost-Benefit Analysis

My current goals are to further my global education through studying abroad, excel in my academic life, and continue pursing advocacy and community service projects. Every opportunity I have been given has been through sacrifice and hard work. Since, I do not come from a strong financial background my parents have had to make multiple sacrifices such as holding two jobs and taking out personal loans to uphold our family. My university is paid by a combination of student loans and my parents small financial contribution. However, having two college students to financially support has taken a toll on my parent’s financial situation. That is why I try my best to achieve academic excellence; to one day make them

As an applied sociologist, Professor Norma Winston has taught cost-benefit analysis to her UT students for decades. So it was second nature for her to be involved in a community partnership measuring the cost effectiveness of an initiative to combat chronic homelessness.Established in 2012 by the Steps Forward Initiative, Cypress Landing provides comprehensive housing and support services to Tampa’s homeless with the hopes of increasing their stability and overall health and reducing the utilization and costs of emergency services provided by taxpayer funds, summarized Jack Geller, dean of the College of Social Sciences, Mathematics and Education, who worked on the report with Winston and Assistant Professor J. E. Sumerau, the director of UT’s applied sociology concentration. The team measured health and emergency service costs of

In this section, I have been exposed to computer-based training and simulators but will need education to master how they are used for education within nursing informatics. I have never been exposed to virtual reality, or teaching strategies and methodologies so will need complete education to master this information. I will also need to learn to develop teaching plans and competencies and how to evaluated the teaching

1. According to McGonigle and Mastrian, (2012), the use of simulation to allow students to interact with technology has become part of nursing school curriculum. Simulation in nursing school helps students to learn what is expected in a real clinical situation. Simulations create scenarios where nursing students can manipulate variables and make a clinical decision after seeing the results. 3D simulation can mimic the real clinical situation and encourage students to make decisions they would make at work. Students can learn skills such as blood draws, intravenous or foley insertion, wound care and medication administration with no fear of causing harm. The simulations enable students to learn how to pass medication safely (Harris, Pittiglio,

While working two part-time jobs in the emergency room, as an EMT-B and a registration clerk, Christy finally was able to complete her prerequisites and apply to the Associate degree nursing (ADN) program. Then to her heart’s contender, hard work finally resulted in admission to the ADN program. However, Christy’s accomplishments did not go without many struggles financially, emotionally, and physically, just when Christy thought she had pushed herself to the max she was starting a new, more challenging obstacle. Her new routine would require relocation to an area closer to the college, for access to student services such as tutoring labs, computers, printers, and any number of other essentials she needed for nursing school. Christy recalled, “Pulling up my big girl britches” and entering the financial aid office where she spent many hours interrogating special financial aid representatives for any assistance to a young adult in her situation. Burning the candle at both ends, she attended the nursing program full time, worked every weekend, attended clinical rotations a minimum of two days a week, and all with never missing a beat. Christy’s had made up her mind; absolutely nothing would stand in her way. Naturally,

The implementation of Maximo through SOARD will impact hundreds of medical centers and thousands of staff. This software will affect essential processes to asset management, purchasing, maintenance, inventory, and facilities management. These innovative capabilities would further support the VA’s combined objective to build its capacity to serve Veterans and its employees efficiently and effectively by the utilization of a department-wide management system. Maximo will make data-driven decisions, appropriately distribute resources, and manage results. These capabilities will uphold the VA’s Strategic Goal to improve internal customer satisfaction by investing in human capital. A more advanced enterprise-wide asset and service management system will fulfill the requirements as set by the Federal Information Security Management Act (FISMA) of 2011.

Accomplished superior work consistently through systematic execution of broad responsibilities as Early Cost Team Lead. Orchestrated highest volume of Cost-Benefit Analyses (CBAs) for assessment efficiently within Acquisition Costing Directorate through equitable distribution based on current workload assignments of team members. Engineered overall management of 154 CBA analytical reviews in Army Requirements Oversight Council (AROC) Decision Forum estimated over $147.32B in life cycle costs with 27 HQDA(1*) and 34 AROC(3*) presented for DASA-CE validation endorsement based on sound measurable results.

I am fortunate enough to have a close-knit and supportive family, but circumstances beyond our control have made saving money for graduate school extremely difficult. Since I was a child, mental and physical illnesses have struck my family to the point that my mother had to stop working for her well-being. Any savings that my parents had funded my younger brother’s various medical ailments, including years of dialysis treatments and a kidney transplant. In addition, my parents took out a loan to pay for out-of-state tuition for my older brother whose depression and homesickness quickly brought him back. My parents were left to foot the large bill on top of everything else and also, unable to provide significant financial support to me during

My educational expenses since enrolling at Loyola in 2013 have been paid for via scholarships and assistance from my parents. However, knowing how much of a financial burden my education is on my parents, I have been striving to help pay for my tuition as well, especially since my younger sister will also be enrolling in college in 2017. Although my parents are assisting me in funding my current education, I am fully responsible for funding my own future education. In order to finance my education, I have been working for the past two years and plan on taking a couple years after graduation to focus solely on working to save money before applying to a graduate program. While the scholarship I received when I applied to Loyola has allowed me to continue studying neuroscience, the Fred & Lina Meijer Scholarship would allow me to further my studies and assist me in one day conducting research to prevent neurodegenerative diseases such as

Throughout my years as a Gambian native from West Africa, I witness the lack of health services across the country as an adolescent. From there on, I decided to pursue a profession in the medical field. In 2014, I made the choice to apply to the nursing program at Towson University. I vividly remember rushing to the mailbox to open the letter, that would have read “congratulations, you have been accepted”, but for me, it was the opposite of what I had anticipated. A friend of mine informed me that the size of the letter indicated if I was accepted or not. Reading I was denied broke me into piece lead me to pursue another degree. Constantly, I thought to myself, what I would do with my future and how my parents will feel. It was already difficult to pay out-of-pocket every semester and work part-time while being a full-time student. Nursing is my gateway to accomplish other endeavors that would guide me to becoming a leader. My plan in life is to earn my Doctor of Nursing Practice (DNP) and also serve as a leader within the health community. After a few months, I assure myself that everything happens for a reason.

One of the most commonly-used methods of deploying technology in the nursing classroom is that of simulation technology. High fidelity human patient simulation (HFPS) is increasingly regarded as an essential element of nursing education programs" (Diener & Hobbes 2004: 34). This increases the level of

Cost-Benefit Analysis is a process followed to analyze business decisions. The benefits of a given business-related decision are summed and then the costs of taking that action are subtracted. In other words, before approving a new plan or taking on a new project, the organization’s managers will conduct a cost-benefit analysis to evaluate all of the potential costs and revenues that may be generated if the project is completed. The results of the analysis will determine whether the project is feasible, or if another project should be pursued. ("Cost-Benefit Analysis.")

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Management and Application of Patient Care Technology" (AACN, 2009, p.2). The AACN (2009), provided a detailed blueprint of teaching and learning opportunities including the use of simulation labs, patient care technologies, Second Life simulation, and much more. One initiative called the Technology Informatics Guiding Education Reform or TIGER for short, has also provided wonderful solutions and suggestions to nurses, hospitals, academic facilities, and more. "In 2006, the TIGER Initiative convened a Summit of nursing stakeholders to develop, publish, and commit to a plan to guide the future of nursing related to technology, and to determine what educational changes should occur to prepare nurses for the electronic age of healthcare" (TIGER, n.d., p. 7). Therefore, it is imperative that curriculums at both the undergraduate and graduate level are properly educating and preparing nurses for a profession that is booming in the Informatics and technology realm.

Powell-Laney clearly identified the purpose of the study along with identifying the reason for the study. According to Powell-Laney (2010) there is a lack of evidence to support the use of simulation technology to teach clinical decision-making in nursing students thus Powell-Laney designed a study to ascertain whether the use of simulation technology in nursing education can increase the clinical decision making ability of nursing students (p. 6). Furthermore, Powell-Laney (2010) states that simulation technology is expensive and labor intensive thus adding to the need for current research to be done on the effectiveness of simulation technology in nursing education.