Describe your involvement in creating a capital expenditure. What steps were involved and what was the outcome? If you have not been involved with proposing a capital expenditure, how might you prepare for submitting your request? What key elements would you include in your proposal? How would you make your case?
What criteria might a particular health care organization or service provider apply to evaluate the return on a capital investment?
• How would you approach the process of designing a capital budget? For example: • What steps would you need to take? • What resources would you access? • Will you collaborate with other executives or staff? • How will you tie the vision for the capital expenditure to the organization’s mission and goals? • […]