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Group Project

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Your team of employees and you are working on a big project for the hospital's chief financial officer (CFO). Together, you will develop a system to justify the full-time employees of the laboratory department.
Address the following:
  • Decide how many hours during the week the department must be staffed to fully operate.
  • Calculate, using one of the FTE formulas to justify, how many full-time employees are necessary. Assume that the full-time employees will work five 8-hour shifts. The minimum amount of employees per shift is: 1 pathologist, 2 laboratory technologists, and 1 front office person.
  • Provide details as to the services the laboratory offers and the revenue it can generate for the hospital to help the CFO put this information into perspective.
  • Provide a cost analysis of the day-to-day operation expenses of the department.
  • Analyze cost using the cost classifications of direct versus indirect and flexible/variable/semivariable.
Combine the information into a PowerPoint slide presentation to present to the hospital CFO. Make the slides informational and also visually appealing. For more information on creating PowerPoint Presentations, please visit the PowerPoint Lab.
Individual Portion:
As an individual, you will need to contribute to your team in an effective manner. You will be graded on your individual contribution and also your group's end product as well. For your individual portion, focus on the department your group has decided to address, and begin calculating the number of hours you feel the department needs to operate and how you would figure out how many full-time employees are necessary to achieve that level of operation. After doing so, start identifying costs that the department may incur as a result of normal operation and identify the revenue it is also capable of bring in. Write a brief summary of your findings to turn in to the instructor, and also be sure to share your information with your group. Remember that as a group, your overall objective is to combine everyone's information into one presentation for evaluation.
Your assignment will be graded in accordance with the following criteria. Click here to view the grading rubric.
Please add your file.
Group Portion:
Once each group member has completed his or her own individual portion, share information and begin analyzing the information. Come together as a group to address the following questions listed in the project details:
  • Decide how many hours during the week the department must be staffed to fully operate.
  • Calculate, using one of the FTE formulas to justify, how many full-time employees are necessary.
  • Provide details as to the services this department offers and the revenue it can generate for the hospital.
  • Provide a cost analysis of the day-to-day operation expenses of the department. Analyze cost using the cost classifications of direct versus indirect and flexible/variable/semivariable.
Remember that this is a collaborative effort in which every group member should have input into the final project. The project should be formatted as a PowerPoint presentation of 5–10 slides in length.
Your assignment will be graded in accordance with the following criteria. Click here to view the grading rubric.
Please add your file.
For assistance with your assignment, please use your text, Web resources, and all course materials.

Other Information


Instructor's Comments:

  • Complete the Group Project which is a 5-10 ppt slide presentation. For this presentation your group is putting together a project to present to the hospital’s Chief Financial Officer (CFO), so please keep this in mind as you all are working together on this assignment. While you all can determine the best way to do your project as a group, I would suggest delegating each bullet point to a group member. Make sure to utilize the group discussion board as your centralized point of communication, even if you send an email make sure to also post it into the discussion board. This way no one can state that they didn’t get the email and I can also read the communication between the group members.
For the individual portion of this project you need to do a brief summary addressing the basics of your group project: department hours needed to operate, # of FTEs; costs and revenue (if any). Make sure to post your summary for you group members to review in the discussion board and then submit to the individual submission for the group project.

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