FINANCIAL MANAGEMENT FOR NURSE
MANAGERS LEGER COMPREHENSIVE STUDY
QUESTIONS AND ANSWERS
◉ What does planning involve?
Answer: Deciding in advance what to do, how to do it, when to do it,
and who will do it.
◉ What characterizes good planning?
Answer: A continuous process of assessment, establishment of goals
and objectives, implementation, and evaluation of change.
◉ What are indicators of poor planning?
Answer: Delivery dates not met, idle machines, wasted materials,
uneven workload among nurses, and confusion.
◉ How is a plan defined in the context of nursing management?
Answer: A living document that can be changed based on prevailing
circumstances, intended to facilitate the accomplishment of a task.
◉ What should planning be based on?
, Answer: The vision, mission, philosophy, and clearly defined
objectives of the organization.
◉ What are characteristics of a good plan?
Answer: Precise objectives, guided by policies, indicate priorities,
flexible actions, logical sequence, practical methods, and pervasive
throughout the organization.
◉ What is the time-bound aspect of planning?
Answer: Planning must have a defined timeframe for
implementation and evaluation.
◉ What are strategic plans?
Answer: Long-term plans (3-5 years) that define the direction and
growth of the organization based on assessments of strengths and
weaknesses.
◉ What are operating plans?
Answer: Plans that pertain to specific departmental activities,
focusing on how to do things right.
◉ What is continuous or rolling planning?
Answer: Mapping out day-to-day activities, often done by staff
nurses, adjusting plans as needed.
MANAGERS LEGER COMPREHENSIVE STUDY
QUESTIONS AND ANSWERS
◉ What does planning involve?
Answer: Deciding in advance what to do, how to do it, when to do it,
and who will do it.
◉ What characterizes good planning?
Answer: A continuous process of assessment, establishment of goals
and objectives, implementation, and evaluation of change.
◉ What are indicators of poor planning?
Answer: Delivery dates not met, idle machines, wasted materials,
uneven workload among nurses, and confusion.
◉ How is a plan defined in the context of nursing management?
Answer: A living document that can be changed based on prevailing
circumstances, intended to facilitate the accomplishment of a task.
◉ What should planning be based on?
, Answer: The vision, mission, philosophy, and clearly defined
objectives of the organization.
◉ What are characteristics of a good plan?
Answer: Precise objectives, guided by policies, indicate priorities,
flexible actions, logical sequence, practical methods, and pervasive
throughout the organization.
◉ What is the time-bound aspect of planning?
Answer: Planning must have a defined timeframe for
implementation and evaluation.
◉ What are strategic plans?
Answer: Long-term plans (3-5 years) that define the direction and
growth of the organization based on assessments of strengths and
weaknesses.
◉ What are operating plans?
Answer: Plans that pertain to specific departmental activities,
focusing on how to do things right.
◉ What is continuous or rolling planning?
Answer: Mapping out day-to-day activities, often done by staff
nurses, adjusting plans as needed.
