This document outlines a communication plan for a project aimed at preventing pressure injuries in critical care patients. The plan identifies stakeholders, including nursing staff, and discusses various communication methods like meetings, presentations, and an online forum. Effective communication is emphasized as critical for project success. The initial team meetings are identified as important for building rapport and trust through introductions and discussing the project background and goals. Biweekly meetings of Skin and Wound Assessment Nurses are also included for ongoing discussion, feedback, and addressing barriers. An online collaborative site will facilitate information sharing among the different hospital units and staff schedules.

1. BA 620 Managerial Finance
Group Problem Set 2 (125 points)
This problem Set is based on materials covered in modules 5, 6,
and 7. It is designed
for you to demonstrate your understanding and be able to apply
basic capital budgeting
concepts, working capital management, dividend policy, and
international financial
management.
Part 1: Capital Budgeting Analysis
Adams, Incorporated would like to add a new line of business to
its existing retail
business. The new line of business will be the manufacturing
and distribution of animal
feeds. This is a major capital project. Adams, Incorporated is
aware you an in an MBA
program and would like you to help analysis the viability of this
major business venture

2. based on the following information:
• The production line would be set up in an empty lot the
company owns.
• The machinery’s invoice price would be approximately
$200,000, another
$10,000 in shipping charges would be required, and it would
cost an additional
$30,000 to install the equipment.
• The machinery has useful life of 4 years, and it is a MACRS
3-year asset.
• The machinery is expected to have a salvage value of $25,000
after 4 years of
use.
• This new line of business will generate incremental sales of
1,250 units per year
for 4 years at an incremental cost of $100 per unit in the first
year, excluding
depreciation. Each unit can be sold for $200 in the first year.
The sales price
and cost are expected to increase by 3% per year due to
inflation.
• Net working capital would have to increase by an amount
equal to 12% of sales

3. revenues. The firm’s tax rate is 40%, and its overall weighted
average cost of
capital is 10%.
Required:
1. If the company spent $40,000 last year in the upkeep of the
empty lot, should this
cost be included in the analysis? Why or why not?
2. Disregard the assumptions in part 1 above. What is the
machinery’s depreciable
basis? What are the annual depreciation expenses?
3. Calculate the annual sales revenues and costs (other than
depreciation).
4. Construct annual incremental operating cash flow statements.
5. Estimate the required net working capital for each year based
on sales for the
following year. Working capital will be recovered at the end of
year 4.
6. Calculate the after-tax salvage cash flow.
7. Calculate the net cash flows for each year. Based on these
cash flows, what are

4. the project’s NPV, IRR, Profitability Index (PI), and payback?
8. Can you use the Payback method to decide whether this is a
good project or
not? Why or why not?
9. Interpret what NPV, IRR, and Profitability Index (PI) mean.
Based on your
interpretation, do these indicators suggest the new business line
should be
undertaken?
Part 2: Working Capital Management
1. Adams Stores, Inc. is trying to determine the effect of its
inventory turnover ratio and days
sales outstanding (DSO) on its cash flow cycle. Adams’ sales
last year (all on credit) were
$150,000, and it earned a net profit of 6%. It turned over
inventory 7.5 times, during the year
and its DSO was 36.5 days. Its annual cost of goods sold was
$121,667. The company had
fixed assets totally $35,000. Adams’ payable deferral period is
40 days.
A. Calculate Adams’ cash conversion cycle
B. Calculate assets turnover and return on assets (ROA)
C. As one of the managers at Adams Stores, Inc, you believe the
annual inventory turnover

5. can be raised to 9 times without affecting sales. What would
Adams’ cash conversion
cycle, total assets turnover, and ROA have been if the inventory
turnover had been 9 for
the year?
2. Assume the company work for reported sales of $10 million
and an inventory turnover of 2.
The company is now adopting a new inventory system as part of
its working capital
management. If the new system is able to reduce the company’s
inventory level and increase
inventory turnover ratio to 5 while maintaining the same level
sales, how much cash will be
freed up as a result of the new inventory system.
Part 3: Dividend Policy:
Assume that you were recently hired by a national consulting
firm, which has been asked to
help Adams, Stores, Inc. prepare for its public offering.
Prepare a presentation in which you
review the theory of dividend policy and discuss the following:
A. The terms “irrelevance,” “bird-in-the-hand,” and “tax
preference” have been used to
describe three major theories regarding the way dividend
payouts affect a firm’s value.
Explain what these terms mean, and briefly describe each
theory.

6. B. What do the three theories indicate regarding the actions
management should take with
respect to dividend payout?
C. What are stock repurchases? Discuss the advantages and
disadvantages of a firm’s
repurchasing its own shares.
D. What are stock dividends and stock splits? What are the
advantages and disadvantages
of stock dividends and stock splits?
Part 4: International Financial Management
Citrus, Inc. is a medium-sized producer of citrus juice drinks in
Florida. Until now, the company
has confined its operations and sales to the United States, but
its CEO, Heidi Sims, wants to
expand into Europe. The first step would be to set up sales
subsidiaries in Spain and Sweden,
then to set up a production plant in Spain, and, finally, to
distribute the product throughout the
European Union. The firm’s financial manager, George Benson,
is enthusiastic about the plan,
but he is worried about the implications of the foreign
expansion on the firm’s financial
management process. He has asked you, the firm’s most
recently hired financial analyst, to
develop a 1-hour tutorial package that explains the basics of
multinational financial
management. The tutorial will be presented at the next board of

7. director’s meeting. To get you
started, Benson has supplied you with the following list of
questions.
A. What is a multinational corporation? Why do firms expand
into other countries?
B. Discuss at least six major factors which distinguish
multinational financial management
from financial management as practiced by a purely domestic
firm. (Please consider
doing additional research on this question and document your
findings).
C. Discuss exchange rate risk as they relate to multinational
corporations.
D. Describe the current International Monetary System. How
does the current system differ
from the system that was in place prior to August 1971? (Please
consider doing
additional research on this question and document your
findings).
E. What is the difference between spot rates and forward rates?
When is the forward rate
at a premium to the spot rate? At a discount? (Please consider
doing additional
research on this question and document your findings).
F. From a managerial point of view, discuss how your responses
above will help Citrus, Inc.
as they plan to expand overseas.

8. Specific Instructions:
1. Complete and submit your assignment no later than the last
day of Module 7.
2. Include only the names of your group members who
participated in this
assignment when you submit.
3. Submit only one copy per group.
4. If you use Excel for any of your calculations, please submit
the Excel worksheet.
Be sure to label your Excel worksheet appropriately. Use Word
for your
discussions. Please DO NOT use any other format such PDF,
etc. Use APA
throughout including in-text citations and references.
5. After you complete the assignment, please give each member
opportunity to
review the final paper before you submit it. You are jointly
responsible for any
error made.
Side Note: Please note that this is not the type of assignment
where the assignment is
divided and each student completes the part that is assigned.
Each person in your

9. group need to participate fully in the completion of this
assignment. This is the only way
each group member can master and be able to use the concepts
in this assignment.
After you complete the assignment, please give each member
opportunity to review the
final paper before you submit it. You are jointly responsible for
any error made.
Communication Plan
Guidelines and
Rubric
Purpose
The process of project management has five phases: (1) design
and initiation, which you just completed; (2) finalizing your
plan before implementation, which you will do now; (3)
implementation; (4) monitor and control; and finally, (5)
evaluation and lessons learned (as well as knowledge transfer).
During Phase 2 (finalizing the project plan), you will continue
to create the tools and documents you will need when you
implement your project as the project manager in Phase 3.
Week 4: Communications Plan
Week 5: Deliverables and Critical Success Factors (CSFs)
Week 6: Work Breakdown Structure (WBS) and Gantt Chart
Week 7: Risk Management and Human Resource Management

10. Plans
In this assignment, students act as project manager to develop
and facilitate project communication, including the variety of
communication needs for all team members and stakeholders.
The project manager is responsible for all project
communication. The communication plan the project manager
develops and disseminates must detail the types of
communication expected throughout the project. It also
documents how the information and reports will be shared and
when.
To assist you, there is a document you will complete and attach
as an appendix to the professional paper you will submit and an
example of communication planning in Course Resources.
Due Date: Sunday at 11:59 p.m. MT at the end of Week 4
Total Points Possible: 50Requirements
1. Complete the Communication Plan document. Attach as an
appendix to the professional paper you will develop, following
the Guidelines for Writing Professional Papers document found
in Course Resources.
2. Grammar, spelling, punctuation, references, and citations
must be consistent with formal academic writing and APA
format as expressed in the current edition of the
manual.Preparing the Assignment
1. All communications used during the project must be
identified and detailed in your communication plan. Attach it as
an appendix to the professional paper.
2. Ideas and information from professional sources must be
cited correctly using the current edition of the APA manual.
3. Grammar, spelling, punctuation, references, and citations
must be consistent with formal academic writing.Directions and
Assignment Criteria
Assignment Criteria
Points
%

11. Description
All of the communication and communication formats used for
the project are contained in the communication plan. The
communication plan followed the appendix format. The
document is attached as an appendix to the professional paper.
40
80
All of the communication and communication formats used for
the project are contained in the communication plan. The
document is attached as an appendix to the professional paper.
Grammar, spelling, punctuation, references, and citations are
consistent with formal academic writing and APA format as
expressed in the current edition of the manual. A professional
paper follows guidelines found in Writing a Professional Paper.
10
20
Grammar, spelling, punctuation, references, and citations are
consistent with formal academic writing and APA format as
expressed in the current edition of the manual. A professional
paper follows guidelines found in Writing a Professional Paper.
Total
50
100
A quality assignment will meet or exceed all of the above
requirements.
Chamberlain College of Nursing NR631
Nurse Executive Concluding Graduate Experience 1
1

12. 2
Grading Rubric
Assignment Criteria
Exceptional
(100%)
Outstanding or highest level of performance
Exceeds
(88%)
Very good or high level of performance
Meets
(80%)
Competent or satisfactory level of performance
Needs Improvement
(38%)
Poor or failing level of performance
Developing
(0)
Unsatisfactory level of performance
Content Points Possible = 40
All of the communication and communication formats used for
the project are contained in the communication plan. The
communication plan followed the appendix format. The
document is attached as an appendix to the professional paper.
40 Points
35 Points
32 Points
15 Points
0 Points
All communication and communication formats used for project

13. contained in communication plan. Communication plan follows
appendix format. Document is attached as an appendix to the
professional paper.
Most communication and communication formats used for
project contained in the communication plan. Communication
plan follows appendix format. Document is attached as an
appendix to the professional paper.
Some communication and communication formats used for the
project contained in communication plan. Communication plan
does not follow appendix format. Document is not attached as
an appendix to the professional paper.
Few communication and communication formats used for the
project contained in the communication plan. Communication
plan does not follow sample format.
No communication or communication formats used for the
project contained in communication plan. Communication plan
does not follow sample format.
Format Points Possible = 10
Grammar, spelling, punctuation, references, and citations are
consistent with formal academic writing and APA format as
expressed in the current edition of the manual. A professional
paper follows guidelines found in Writing a Professional Paper.
10 Points
9 Points
8 Points
4 Points
0 Points
No grammar, spelling, punctuation, reference, citation, or APA
errors; professional paper follows guidelines found in Writing a
Professional Paper

14. One grammar, spelling, punctuation, reference, citation, or APA
error; professional paper follows some guidelines found in
Writing a Professional Paper
Two grammar, spelling, punctuation, reference, citation, or APA
errors; professional paper does not follow guidelines found in
Writing a Professional Paper
Three grammar, spelling, punctuation, reference, citation, or
APA errors
Four or more total grammar, spelling, punctuation, reference,
citation, or APA errors
Format Subtotal
_____ of 10 Points
Total Points = _____ of 50
5
Communication Plan
[Student Name Here]
Chamberlain College of Nursing
NR 631: Nurse Executive Concluding Graduate Experience
September/October 2018

15. Running head: COMMUNICATION PLAN 1
COMMUNICATION PLAN 1
Communication Plan
The project focus is on the inclusion of HRO Principles in
conjunction with traditional pressure injury prevention
strategies in the prevention of pressure injuries for the critical
care patient population. Within this project, the stakeholders
include the project sponsor (AVP of nursing), resource staff
nurses know as SWAN Nurses (skin and wound assessment
nurses), Wound Ostomy Continence Nurses (WOCN’s), Nursing
Quality Coordinator, Nurse Managers (for all four critical care
units), multidisciplinary team members, and the critical care
nursing staff. Project plan and interventions will need to be
communicated to all staff members (AM and PM Shifts) within
four different critical care units. Traditional means of project
communication include meetings, power point presentations,
newsletters, minutes with summary of project highlights/next
steps, and email updates. Will also be utilizing an online
collaborative discussion forum site and skype ability for
meeting attendance to ensure meaningful communication to the
maximal number of individuals.
Effective communication is a critical aspect of project-based
change management; poor communication has been associated

16. with project failures (Parker, Kunde, & Zeppetella, 2017).
Communication influences trust, commitment to the project,
project coordination, and team member collaboration
(Rimkuniene & Zinkeviciute, 2014). Team involvement and
consideration for individual contributions and suggestions is
important to the success of any project. In any project team
meeting, it is important to establish ground rules where
everyone’s input is encouraged and respected. Healthcare is
challenging because team members work different shifts, many
team members work only three days per week & may have
difficulty coming to work when not scheduled a full shift, and
unit needs may preclude a team member from joining a meeting
that they intending to be a part of. Projects are increasingly
complex and require integration of technology as well as
flexibility to effectively communicate with all project team
members that often may have differing cultural backgrounds,
familiarity with technology, come from different generations,
and live in various geographic locations (Parker et al., 2017).
Believe an important communication strategy for this project
will be the initial team meetings with project stakeholders.
Will utilize both meeting space along with ability to skype into
the meeting from home (if not scheduled on a specific day).
Kick off meetings can promote building of a rapport and trust as
well as create an environment of open, transparent
communication among team members (Downing, 2015).
Additionally, a kick off meeting can help to introduce the goal
of the project as well as role responsibilities (Downing, 2015).
For any meeting it is important to begin with introductions, so
each member is familiar with members of the project team.
Especially since project members may have independent work
and need share information learned/work progress with the team
on an ongoing basis. The kick off meeting allows for
introductions as well as discussion on project background, goal
setting, definition of scope, and establishment of
deliverables (Downing, 2015). Making sure that team members
understand the why behind the project is important. This

17. information is also useful in establishing project goals as well
as a timeline.
Biweekly SWAN meetings allowing for meaningful discussion
of work, barriers encounters, and feedback is essential. The
use of a collaborative discussion forum site will be very helpful
and allow for exchange of information, ideas, and suggestions
from the critical care SWAN team over the course of a two-
week timeframe (between meetings) with sharing of unit
specific skin rounds audit results are important communication
strategies. The SWAN team shares a monthly newsletter with
divisional staff as a means for both education and
communication. Additionally, the chair of the SWAN
committee attends the critical care shared governance divisional
coordinating council where project information, next steps, and
progress will be shared with other staff leaders in shared
governance.
The project manager will be responsible for sharing biweekly
project status update reports with the project sponsor along with
the project team and unit leadership. A formal presentation at
the multidisciplinary attended Critical Care Committee will
ensure that all the entire interprofessional team is both aware of
the project and is engaged in interventions as appropriate.
Nurse managers for the four critical care units are part of the
project team and will be charged with sharing project
information and progress in unit staff meetings and through
weekly management updates. Nurse educators and clinical
nurse specialists will be responsible for communication of
educational material through HealthStream, the online education
system that tracks completion compliance. Lastly, the nursing
quality coordinator will be responsible for compiling HAPI
incidence information from the organizational event reporting
system and communicating this specific information from a
unit-based perspective as well as developing charts/graphs to
aid in understanding the data. This data will be displayed in
each of the units on the unit’s quality board. Planning
celebrations at project milestones can help also create

18. enthusiasm and excitement about the project plan.
In conclusion, choosing the medium and manner of
communication can be as important as the message itself and the
timeliness of the delivery (Musynska, 2018). Effective,
meaningful communication strategies are associated with
successful project outcomes. It is important that
communication is planned to consider the various approaches
possible and preference of the audience (Musynska, 2018). In
Attachment A below, please find specifics of the project plan
including stakeholder/project member information, preferred
communication method, timing associated with communication,
and responsible party for the specific communication (report
prepared by information).
References
Downing, T. W. (2015). How to successfully host and
effectively participate in kick-off meetings. American Medical
Writers Association Journal, 30(4), 176-177. Retrieved from
https://eds-b-ebscohost-
com.chamberlainuniversity.idm.oclc.org/eds/pdfviewer/pdfview
er?vid=9&sid=85f9319f-fbd3-4dcd-bc0b-a69fe815c770%40pdc-
v-sessmgr03
Musynska, K. (2018). A concept for measuring effectiveness of
communication in project teams. Journal of Economics and
Management, 33(3), 63-79.
http://dx.doi.org/10.22367/jem.2018.33.04
Parker, D. W., Kunde, R., & Zeppetella, L. (2017). Exploring
communication in project-based interventions. International
Journal of Productivity and Performance Management, 66(2),
146-179. Retrieved from https://search-proquest-
com.chamberlainuniversity.idm.oclc.org/docview/1860055492?a
ccountid=147674
Rimkuniene, D., & Zinkeviciute, V. (2014). Social media in
communication of temporary organizations: Role needs,
strategic perspective. Journal of Business Economics and
Management, 15(5), 899-914.

19. http://dx.doi.org/10.3846/16111699.2014.938360
Appendix A:
Communication Plan for Critical Care Division - Hospital
Acquired Pressure Injury (HAPI) Reduction Project Utilizing
HRO Principles (High Reliability) in Conjunction with
Traditional Pressure Injury Prevention Strategies
Project Team Member/Stakeholder
Communication*
Preferred Format
Timing
Report Prepared by
Project Sponsor
· In person meetings - monthly
· E-mail updates
· Ongoing on a biweekly basis
· Project Manager
SWAN Nursing Team
(Representing skin and wound assessment team members from
each critical care unit)
· Kick off meeting with campaign planning and goal setting
· Biweekly meetings with meeting agenda and minutes

20. · Organizational collaborative site discussion forum
· Biweekly skin audits with sharing of audit results in unit
huddles and on quality dashboard
· At least 4 weeks prior to project start
· Ongoing biweekly following kickoff meeting
· Ongoing (technology available for input/viewing 24/7 by all
project team members
· Biweekly basis (2nd and 4th Friday of each month)
· Scheduled by Project Manager
· Critical Care SWAN Team chair to create and forward to team
· Site created by organizational request to information
technology department – Project Manager to request
· Audit completed by SWAN team and results shared in unit
huddles and posted on unit quality boards
WOCN (Wound Ostomy Continence Nurses)

21. · Attendance at biweekly SWAN meetings
· Biweekly project status update report emailed
· Monthly HAPI Incidence Report with chart
· Biweekly meeting
· Biweekly email
· Monthly report received via email
· Project manager to send appointments; swan chair to email
agenda and minutes
· Project manager to send biweekly project status update
· Nursing quality coordinator to pull incidence information from
event report system and forward to the project team. To also
create unit-based chart to be emailed as well
Nursing Quality Coordinator

22. · Notification of HAPI incidence through organizational event
reporting system
· Biweekly project status update report emailed
· Systems notification through event report system the morning
following entry
· Biweekly email
· Automatic notification set through event reporting system
· Project manager
Nurse Managers (Unit Managers from the four critical care
units)
· Attendance at biweekly SWAN Team Meeting
· Biweekly project status update report
· Notification of unit specific HAPI incidence information at the
time of reporting
· Notification of results of unit auditing

23. · Biweekly meeting
· Biweekly email
· Systems notification through event report system the morning
following entry
· Biweekly basis (2nd and 4th Friday of each month)
· Appointment invite from project manager; agenda and minutes
received from SWAN chair
· Project Manager
· Automatic notification set through event reporting system
· Unit SWAN Nurse
Multidisciplinary Team
(providers, therapists, nutrition, etc.)
· Communication of project status and unit specific data at
Critical Care Committee Meeting (through power point
presentation and review of minutes)
· Monthly meeting (fourth Tuesday of every month)
· Skype/call in ability
· Critical Care Director sends meeting invite, agenda, and
minutes

24. Critical Care Nursing Staff
Project communication though multitude of methods;
specifically:
· Staff meetings
· Divisional Shared Governance Coordinating Council Meetings
· Weekly nurse manager update
· Monthly SWAN newsletter
· Education through online organizational program:
HealthStream
· Unit Quality Board with Graphs/Charts
· Monthly
· Monthly (second Tuesday of each month)
· Weekly (sent via email on Fridays)
· Monthly
· Ongoing program (monthly educational classes assigned)
· Ongoing (updated monthly)

25. · Nurse Manager
· Divisional Shared Governance Chair
· Nurse Manager
· Unit SWAN Nurse
· Unit Educator or Clinical Nurse Specialist
· Nursing Quality Coordinator, Nurse Manager, and Unit
Council Chair
Chamberlain College of Nursing NR631 Nurse Executive –
Concluding Graduate Experience I
Appendix A: Communication Plan for __________Project

26. Project Team Member/Stakeholder
Communication*
Preferred Format
Timing
Report Prepared by

27. *For example, monthly status report, training plan, software-
implementation plan, etc.

28. Hi everyone, I often get questions about the outline or format
for the week 4 assignment. All of your assignments from this
point forward will follow the same basic format:
· Title Page
· Scholarly narrative section(s)
· If there is only PM one tool for the week, you'll have one, 1-2
page narrative section
· If there are two PM tools, you'll have a second section that
starts immediately after the first, with an additional 1-2 pages
· Reference page
· Appendix 1: Attach your completed template
· Appendix 2: Attach your completed template (if there is a
second)
When there are two PM tools, it doesn't matter which order you
list them. Whatever order you discuss them in the narrative
section should be the order they appear in the appendix. I hope
that helps!
To help you even further, I have attached a communications
plan assignment from a student in a previous section who did an
outstanding job. The attached exemplar earned a full credit
score. This should give you an idea of what I'm looking for.