Financial challenges in developing the hospital
The aim of the Brampton Civic Hospital is to provide an accessible and public hospital for everyone. The hospital has developed its infrastructure with new technology and medical equipment’s. With implementation of this new facility the hospital will be able to serve the community with a variety of health services. This project is set to be executed in the Brampton city of Canada. The total area required or this project is 1.2 million sq. ft. the project includes 608 beds and 108 rooms for operating purpose. The paper will describe and identify the key challenges that are likely to be experienced while developing this project. The ways in which these challenges can be overcome. This is very much necessary to plan strategies for mitigating the risks. The paper will also evaluate ways that will help in improving the working. Further the report will describe the involvement of stakeholders in the public- private partnership. Managing the stakeholder’s interests is also a necessary aspect. The report will describe the opportunities that are likely to come for improving the relationship with the stakeholders. These is very much necessary to understand the financial arrangement that will help the case study and also there is a need to choose a particular funding model. The report will also explain the financial stability that is gained with implementing this project. Lastly the project aims at describing and highlighting the opportunities that will help in improving the financial condition for the projects. This is very much important to develop strategies that will help in building a strong financial support. These paper will describe the key factors and key roles of stakeholders.
The challenges that are likely to face by the hospital while working for this project. This are as follows:
Challenges faced due to financial problems: in developing a project it is very much necessary to understand the financial requirements related to the project. Hospital buildings are the second most important buildings. Thus financial challenges are one of the most important challenges. Before starting a plan or a project every organization needs to figure out its financial stability. In each step there is a great need of financial support. It is the responsibility of the organization to provide best facility towards their patients without any delay.
Need to maintain patient safety: it is very much important to maintain patient safety. This is the main challenge that is faced by every organization. It is very much necessary to maintain patient safety. This is very much important to reduce the risk that arises with infection. More than 1000 people die every day due to infection received while staying in the hospital. For these purpose the hospital needs to maintain clean profile while implementing new beds and technologies.
Patient safety and the importance of maintaining a clean environment
Hospital security: the aim of developing this project is to facilitate the patients 24/7 and this hospital is open to all. The hospital has decided to launch new technologies and new bed so that it can provide better service towards their patients. Thus the hospital needs to ensure that this technologies are allowed to be operated by only specialist, so that it does not affect the health of the patients. The details about the patients also needs to be updated and needs to be maintained with highest security, so that no one can tamper the details of patients.
Patient satisfaction: for every hospital it is needed to satisfy their patients with better facility and care. Their satisfaction will improve the working of hospital and Brampton’s civic hospital needs to ensure about the facility provided towards their patients.
Challenges faced with new technology: there are several type of challenges that are likely to be faced with implementation of new technology are that it needs specialist to work with these new technology. The hospital needs to hire staffs who will be able to work with these technology well, so that they can provide better facility towards their patients. It is very much necessary to understand the operating of these advanced technologies.
With the implementation of these technology there are some challenges that are likely to arise. Thus it is necessary to overcome these challenges. This is the responsibility of the project leader to mitigate the risk so that the can manage and handle them. The project leader needs to take steps that will be beneficial towards their patients and employees. The challenges faced with implementing new operational status are related to the implementation of new technologies. This will also require recruiting new staffs who will be able to handle these equipment’s easily. The ways to overcome these challenges are as follows:
- In order to maintain proper financial support, the hospital needs to figure out all the requirements first and needs to divide according to each steps involved in operational status.
- The project leader needs to manage staffs and should assign them with responsibility, so that every work can be done without facing problem.
- This is very much necessary to understand the requirement if the patients and work accordingly.
- The staffs needs to be aware with the working of these equipment’s. So that they can mitigate the challenges affected by the hospital while implementing these equipment’s.
- Managing the operations needs to be done by the project leader. This will help to understand the issues faced while developing this project and will also look after the requirements from each department.
- Managing the community resources is another role of the project leader. The leader needs to address all the required resources by the community with the help of communication.
- Communication plays a major role and it is the responsibility of the team member to process strategies. This will help to improve the team’s dynamics.
An important factor and a challenge that the project leader needs to manage is with the resource allocation and implementing strategies regarding the geography. This will help the staff to share space more efficiently.
In order to improve the growth of the hospital, it is necessary to work in a way that will bring improvement that will help an organization to meet its goal by increasing the profits gained, accelerating the innovations and reducing the costs. This also will help in improving the safety of the patients and will result in happy customers. With the implementation of new technology one can hope more new opportunities. Implementation of new innovation will bring more success towards the hospital.
Hospital security and patient privacy
Public private partnership is an arrangement between two or more private and public sectors and maintains a long term relationship. There are five different levels of PPPs infrastructure these are based on a particular project, in a form of project delivery, as a government policy statement, as a tool of government or as a wider culture phenomenon. The stakeholders associated with the projects are the employees, the patients, the people and organization who are involved in providing fund. There are some stakeholders associated with these project are the government bodies. In the case study of Brampton hospital, the government bodies are involved and the government seeks help form the private so that they can complete this project successfully. Thus, his will help the project members to execute this quickly and efficiently.
The case study shows that the execution of the plan is done quickly and efficiently. The Brampton Civic Hospital project follows the public –private partnership. This will increase the job opportunity within the society, thus public-private partnership will help in the growth of these project. This will create a positive impact on the society. This type of project will be beneficial for the government and will ensure successful completion of the desired project. The main stakeholders associated with the project are those who are working with healthcare field academics, this includes professionals working in healthcare sector, government officials , officials from other provinces and consultants. The case study highlights effective attribute of public-private partnership. With the help of public private partnership is that it ensures that there are only necessary investment made towards the project on the. This includes investing into effective public resources and public sector management. The case study shows that with the help of public-private partnership high quality of service is provided towards the public and timely provision is also provided.
Most of the investment towards the projects are being implemented within the time period. These is basically a funding model. This aims at funding the public infrastructure project and thus it is being used to fund the Brampton civic hospital project. This hospital is open for all and aims at having new technology and equipment that will help in gaining better service. With the involvement of these partnership there will be a positive impact on the society. In this case study the project failed to provide a strategic benefit. The cost incorporated in making this project was much more than the expected profit margins. Thus it created stress within the stakeholders and the project team. This becomes necessary to build a project that will develop in such a way that it will be beneficial for stakeholders and consumers. The stakeholders also involves the project leader. It is the responsibility of the project leader to identify the negative impacts that are likely to come with implementation of this project. Thus before starting any project it is the responsibility of the project team to focus on the impacts that are likely to come with the implementation of the project. This is very much necessary to understand the financial requirement. The main tension that occurred within the stakeholders is associated with the overrun of the project total cost. Thus it is the responsibility of each stakeholder and the team leader to understand the requirement and take initiative so that the budget can be maintained. The initial budgeting was not prepared and it affected the whole budgeting off the project. As the stakeholder and the members associated with the team did not take any major step that lead to problem while constructing the hospital. In order to overcome this challenge the hospital use accurate forecasting. With the help of this, the hospital will be able to estimate the cost and this will help in fixing the budget.
Patient satisfaction and the importance of providing excellent care
In order to complete the project within the timeline and completing with success, the hospital has implemented several strategies that helped in gaining financial stability. With implementing public-private partnership, the hospital is being funded. This type of partnership helps in funding the public projects. Government body has also helped in providing fund. The team lead has failed to identify the negatives impact associated with the project. This has impacted project budget. With the help of public- private partnership the funding can be done easily. As this project aims at delivering better service towards the patients. This approach was for improving public health.
The case study related to the project of Brampton Civic Hospital did not achieved financial sustainability. As the project implementation cost became higher than the profits gained. There are several projects that needs help of the government for successfully completion. It is very much necessary to complete the project within the desired and a fixed budget. The project set was unable to meet the requirements and also the cost overrun. This lead to great financial charges on construction of this hospital. There are three factors of triple bottom-line that were overlooked by the project members while developing this project. Each step of the project involves. In the planning stage it was estimated that $525 million CAD, but final cost incorporated was around $614 and this impacted. This affected the Canadian economy. All these effected the project planning and lead to cost overrun. As the project failed to maintain the budget costing, thus with the help of accurate forecasting the hospital can estimate the cost and can fix the budget once gain. This will help the hospital to maintain proper budget and this fund will be stored as a backup. This can be used in the case of emergency so that the project can run smoothly without any problems. This is known as contingency fund. In addition to this, by dividing the project into some groups will increase the execution process of the project.
Conclusion
From the above report it can be concluded that the, public-private partnership is very much necessary for funding public projects. This report has discussed all the challenges faced while developing this project. The roles and types of stakeholders associated with this projects are being described in details. The financial aspect related with this project are being described. The project built was not financially stabled. So for stabilising the project an approach is being recommended to the project leader. This will help in developing and running the project successfully and will also help in managing the financial budget successfully. Thus , this report has analysed all the components associate with this project.
Challenges faced with implementing new technology
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