Question

• Although budget figures are estimates of future projections, why and how should nurse leaders be prepared to explain short-term variations?

Answer 1

Answer: The budget figures are estimates of future projections but sometimes nurse need to be prepared to explain short term variations as it can occur any time of the cycle of the budget system. Nurse leader should be ready to face the consequences which can only achieved by preparedness.

Nurse leader should collect relevant data of patient's case, expenses, organisation budget, material used, etc. It is the most critical part that a nurse leader has to perform. Performing the account accuracy, planning and implementing the task to enhance the budget outcomes.