Planning & Managing Resources

This document discusses the importance of resource planning in attaining best service user outcome in care and how it can be utilized for the new 'Mental Health Supported Housing' project. It also explores various sources of funding and their role in the resource planning strategy.

Planning & Managing
Resources

Table of Contents
INTRODUCTION...........................................................................................................................1
QUESTION 1...................................................................................................................................1
a) Reflection on importance of attaining best service user outcome in the care, discussing how
concept of the resource planning can be utilized for making available and free up resources
for the new 'Mental Health Supported Housing' project-............................................................1
b) Analyzing three various sources of funding and considering two of them which can be used
for the resource planning strategy for new 'Mental Health Supported Housing' project-...........3
QUESTION 2:.................................................................................................................................5
Discussing effective resource management in the Arden Healthcare Ltd would support
performance of the staff, care team and organization as whole. Exploring how it links to short,
medium and long term goal of the Arden Healthcare Ltd especially given its intention for
expanding-...................................................................................................................................5
CONCLUSION................................................................................................................................7
REFRENCES...................................................................................................................................9

INTRODUCTION
Planning and managing resource is very essential for an organization for effectively
managing and controlling resources in such a way that company can achieve its objective and
goals.
Arden Healthcare Ltd is introducing a new project 'Mental Health Supported Housing' for
which strategies have to be formed for availability of resources. The above report includes
reflection on importance of attaining best service user outcome in care, discussing how concept
of the resource planning can be used for making available and free up resource for new 'Mental
Health Supported Housing' project. Report carried forward with analyzing at least three various
sources of the funding and considering two of them which can be use for new project further.
The report ends with discussion of how effective resource management in Arden Healthcare Ltd
could support performance of staff, care team and organization as whole.
QUESTION 1
a) Reflection on importance of attaining best service user outcome in the care, discussing how
concept of the resource planning can be utilized for making available and free up resources
for the new 'Mental Health Supported Housing' project-
The health and social care are totally depended on the services. Various services are
being provided by the healthcare attendant and renders best services to the patients. The health
care provider must give services as per the needs and requirement of the patients. The services
which are being given to patient must be appropriate that patient feel relaxed and recover soon.
Higher quality health service includes right care, at right time, responding to service user's needs
and preference, while minimizing resources waste and the harm. Quality healthcare enhances
likelihood of the desired outcomes for health and is consistent within several measurable
characteristic. The effectiveness of healthcare service and safety of patient must be taken into
consideration while providing them services (Schwing and Pulwarty, 2018). People-centred care
is essential for patient care as it encourages and motivates them for adopting health behaviour
which improve and helps them for managing their own health significantly. The care provider
also look upon the needs of patient in holistic way and humane so that patient also feel cared by
them. Integration of efficiency and care also helpful in rendering the best acre services to
patients. For delivering the quality services in healthcare they will need healthcare facility,
healthcare provider, devices, medicines, other technologies, financing and information system.
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Resource Planning is the procedure in which task are allocated for both non-human and
human resources. It aims for maximizing efficiency of resource along with giving an overview of
the availability and capacity of resources. Resources for new 'Mental Health Supported Housing'
project could be gathered and making available by appropriate resource planning. This will allow
them to allocate needful resources for this project so that they can effectively provide best
services to their patients. The useful or needed resources are to be determined that can be
doctors, nurses, devices, equipments, various facilities etc., will are to be considered as essential
resources for the project. It must be ensured that high-quality healthcare providers doctors,
nurses and attendant will be needed for taking care of the patient. Safe and effective devices,
medicines and various technologies are to be considered so that they can properly treat the
patient. The financial resources will also be required on that basis resources can be allocated
effectively and availing them further into the project. Then further as per the financial criteria
resources are to be acquired so that they can have the best facilities into their project for patient
and with the help of that they can provide superior quality services to the mental ill patient
(Loucks and Van Beek, 2017). After the acquiring resources the all must manage in appropriate
way that the health care provider could easily treat and render care to their patients. The several
methods of controlling and monitoring can also be used for delivering the best quality services to
their patients. It will involve the calculation of utilization rate, that will measure how efficiently
resource are being utilized. This will be helpful in optimizing that available resources are used
appropriately or not. The resource planning is very essential part for starting a project so that
they can avail up necessary resource which will be needed for smooth flow of project and
providing the best quality service in healthcare. With the help of this planning they can analyze
that how much amount will be needed for particular resource and thus they can analyze for
starting up 'Mental Health Supported Housing' project how much amount of fund will be
required further in total. Then as per the basis of available fund they can plan up resources and
easily start up project. Resource planning plays an essential role in start-up any new project and
further with the help of this essential resources could be placed up in project and the funds for
allocating these resources can also be analyzed so that it can be further managed as per the
authority.
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b) Analyzing three various sources of funding and considering two of them which can be used
for the resource planning strategy for new 'Mental Health Supported Housing' project-
There are various funding sources which are available in market which can be utilized by
company or organization for starting up business or any project. Some of them can be described
below-
Bank Loans-
Bank loan is the most popular funding source for any business, project start-ups. It
provides long or medium term finance as per the requirement of loan taker. Fixed period is to be
set by bank for example- 3,5 or 10 years, interest rate, timings and repayment amount this all are
decided before proceeding of loan. Bank will generally ask businesses for providing some
security for loan, but in case of the start-ups security can also be individual guarantee by
entrepreneur. This source for funding is appropriate for fixed assets. The low interest rate is
charged by bank as compare to other flexible options (Pollino and et.al., 2017). The interests and
arrangements fees are generally non-deductible. Bank loan could be unsecured or secured that
totally depends on circumstance. The credit score of business can be enhanced if the repayment
of bank is done on time. It is easily available to the individual and commonly used funding
source as it is the most trustworthy fund.
Overdraft-
Overdraft is financial tool in which money could be withdrawn from saving or current
account, even the balance of account falls down below zero. It is extension of money limit which
is offered by bank and that particular money is known as 'overdrawn'. The authorized limit for
overdraft for every consumer depends on the relationship with bank. The money can be
withdrawn up to the assigned limits. Interest is charged by bank which is used in the form of
overdraft. It is the short term credit facility which can be paid within stipulated time period. The
repayment tenure is decided by bank (Naderi and et.al., 2018). This facility is available to any of
the account holder. But the extension of money is given on the basis of consumer's account
repayment history, account value or credit score. As per RBI regulation, cash and credit account
are eligible for maximum of the Rs. 50,000 per week. It is useful feature rendered by bank, it
offers aids to several business in term of the cash flow for meeting working capital expenditures.
Angle Investors-
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The another source of funding is Angle investor. This investors are rich and wealthy
peoples who are providing funds in exchange for the share of equity in business. They also
provide valuable guidance and advice as they had experience in industry for working. It had
flexible business terms. They finance up to $25,000 to $100,000 at the initial stage of business or
project. In exchange for risking money, they opt for right in business or project for supervising
management practices of company (Kay and Alder, 2017). Most angle investor are not group
member of angel. The fund which angel investor render may be one-time investments for helping
businesses get off ground or ongoing injections for supporting and carrying organizations by its
difficult early stage. They are also known as angel funder, informal investor, private investor,
business angel and seed investor. They mainly focus on helping thee start-ups taking primary
steps, rather than possible profit they could get from business further. Angel investment has been
grown rapidly over past decade as lure of the profitability has accessed it as prime source of the
funding for start-ups.
The bank loan and overdraft are the two main funding source that can be used by Arden
Healthcare Ltd, for starting their new project 'Mental Health Supported Housing'. By opting bank
loan they can get sufficient fund for their project's resource allocation. They can also use bank
Overdraft for opting the funds as it is short term funding which can be repaid by them in limited
time period mentioned by bank. Some amount can be taken by them through overdraft and some
by bank loan. So that for starting their project they could have short term and long term funds
which can easily repaid by Arden Healthcare Ltd. The limited amount of bank loan can be
pursued by them as it is the safe funding that can be repaid by them in simple instalment
(Hanington and et.al., 2017). Resource planning strategy could be successfully completed with
the help of this fund source as this funds can be easily obtained by bank with low interest rate as
compare to other funding sources. It is most reliable source of funding that can be further used
for starting the new project and getting the appropriate and needed resources which are essential
for project. They will easily get bank loan and overdraft thus there time will also be saved, and
they would also get relaxation in tax deduction. So this both funding source will be beneficial for
them to start up their new project.
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QUESTION 2:
Discussing effective resource management in the Arden Healthcare Ltd would support
performance of the staff, care team and organization as whole. Exploring how it links to
short, medium and long term goal of the Arden Healthcare Ltd especially given its
intention for expanding-
There are broad issues which are faced by organization while expanding. Arden
Healthcare Ltd has many issues in their companies for further expansions. The major issue which
is faced by them is the economic condition of the company that's why they are trying to expand
themselves into the new project further that is 'Mental Health Supported Housing'. There is no
proper staffing among them as they couldn't perform their jobs well. For the quality healthcare
service they will be requiring appropriate staff to handle all operations in their staff. The
Healthcare also doesn't have that much of technologies and devices with them by which they can
provide proper healthcare services to their patients (Dickens, 2019). By this type of issues they
can't be able to achieve their goals effectively and thus high-quality services can not be delivered
by them to their patients. Due to all this issues healthcare providers had decided to expand and
work further with new project. And by implementing this new project they are also trying to
overcome this issues.
Planning of resources is widely accepted strategy for the judicious utilization of the
resources. For achieving maximizing efficiency of these resources into the company. It mainly
focuses on staying with budget and ensuring that they are appropriately managed or not.
Management of resources is process of the pre-scheduling, planning and allocation of resource
for maximizing efficiency. It revolves around efficiency and optimization of resources widely.
When it has been found that how a project can be successful then effective plan can be
developed and implement for optimal use of these resources. Thus, planning and management of
resources are related with each other both aims at achieving efficiency of resources so that they
can effectively utilize for the betterment of company (Baron, 2016). The staff performance are to
affected as if the staff is not performing well then they could not be able to provide high quality
services to their patient. With the help of resource planning and resource management healthcare
service provider could render their staff with appropriate trainings & resources by which they
can render superior quality services to their patient. The appropriate resource planning access
individual with proper resources can easily perform their task among team. Management of
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resource helps Arden Healthcare Ltd. Employees to effectively work in team so that they can
easily provide good services and treat their mental patients well. Thus, the overall objective
healthcare provider will be effectively achieved by them. If healthcare provider has proper
finance, funding source, efficient resources and its management, good performance of the staff
they can effectively achieve their objective. The main objective of them is to provide quality
services to the patient's home by licensed professionals of healthcare. Thus, for enhancing this
services they are starting their new project for mental where the mental ill patient will be given
treatment at home by the healthcare professional with the patients comfort at home as soon as
possible (Baldwin, 2019). They aim to provide personalized care, pace of the mind, comfort,
family participation & support, safety, freedom, cost, dignity, independence and security etc.,
And this all can be achieved by the resource planning and resource management effectively. This
is very much helpful for Arden Healthcare Ltd for becoming successful in achieving their
objective and building an attachment and relationship among their patient so that the patient
recovers soon and get well.
The resource planning and management is very helpful for healthcare provider to render a
great services to the patient and achieve their goal and objective effectively. The appropriate
planning of the resources allows them to have essential resource to be taken into consideration in
the new project so that they can achieve their goal significantly. If company have well organized
health professional with skilled talent then they can proper treat their patient. They can avail with
personalized care to their patient at home. The suitable devices, technologies could be
implemented into the new project of company so that they can provide proper medication to
patient and rendering them quality services. This also allows them to work in team in a manner
that they can achieve the common goal of Arden Healthcare Ltd. The objective of company can
be effectively gained with the help of resource planning and its management (Argent and et.al.,
2016). It is very essential for company to have proper resource planning so that they can manage
the resource in project in such a manner that they can be efficiently used in the context of
rendering quality service to mental ill patients. The resource planning management is also
helpful for delivering the best result for the project by making it more organized and managed.
The job satisfaction among employees can be enhanced and thus employee can be retained for
long term. It will also be helpful in enhancing relationship with their patients and providing them
great service further. By keep tracking their project they can manage the working days, skill sets
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for employees, availability & scarcity of resources in the project so that all can be effectively
managed and controlled.
Budgetary restriction in Arden Healthcare Ltd can affect a company to great extent. If
company have limited financial resources then they couldn't have enough resource in their
company to perform their operations The employees with appropriate resources could perform
their job well and render effective services to patient. Patients can be properly treated by
healthcare professionals if they had proper resource (Abdullah, 2017). Due to lack and restricted
financial source they can also face a situation of financial risk. As each and every company need
required resources which are essential for providing best services to the consumers. The long
term and short term goal of Arden Healthcare Ltd can be achieved by providing high quality
services to the patients in order to satisfy mental ill patient and medicate them at home as soon as
possible. So with the limited amount of financial resource they can't be able to render this
services to patient due to lack of resources which are essential for proper treatment of the patient
(SUHAIMI and et.al., 2016). Proper funds are to be required by company for starting their new
project so that they can have necessary resource into the project and could satisfy their patient
with great services. The proper budget planning and funding allows them to balance each and
every resource and further having all essential resources to be available to the health care
professionals. Company facing financial risk can't gain huge success and profit as well but for
gaining this they need to have appropriate funding into their project for achieving their overall
objective significantly. It can be managed and accessed with resource planning in the well
managed manner so that they can allocate fund as per the requirement of resources for project so
that it can be effectively controlled.
CONCLUSION
From the above study it can be concluded that the planning and managing resource is
very essential for company's overall growth and development. With the help of effective
planning of resource the best result can be delivered by company by managing the project in the
best way that it can be helpful to company up to great extent. The availability of resources,
equipments can be planned and predicted so that it could be fulfilled on time and reduce scarcity
of resource in the operation process. The quality services can be effectively given to the patient
will the help of resource management and planning. Thus, overall company could achieve its
goal and objective and provide quality service to their patient. The new project can be successful
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with the help of proper funding and allocation of resources and implementing these resources
into their organization. So that it can be effectively used by the staff and healthcare professional
for treating and medicating their metal ill patients in good way that they can be cured soon.
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REFRENCES
Books and Journals
Abdullah, M.A.M.A., 2017. Evolution of enterprise resource planning. Evolution.1(11).
Argent, R.M and et.al., 2016. Best practices for conceptual modelling in environmental planning
and management. Environmental modelling & software. 80. pp.113-121.
Baldwin, J.H., 2019. Environmental planning and management. Routledge.
Baron, A., 2016. Human resource planning. In Encyclopedia of Human Resource Management.
Edward Elgar Publishing Limited.
Dickens, J., 2019. Cultural resources: planning and management. Routledge.
Hanington, P and et.al., 2017. A hydrological model for interprovincial water resource planning
and management: a case study in the Long Xuyen Quadrangle, Mekong Delta,
Vietnam. Journal of Hydrology. 547. pp.1-9.
Kay, R. and Alder, J., 2017. Coastal planning and management. CRC Press.
Naderi, F and et.al., 2018. Impact of mobile-based education on time and place management
study, Resource management (effort and planning) and reviewing learners' attitude about
this learning style. Journal of Birjand University of Medical Sciences. 25.
Pollino, C.A and et.al., 2017. Integrated approaches within water resource planning and
management in Australia—Theory and application. In Decision making in water resources
policy and management (pp. 205-217). Academic Press.
Rhyner, C.R., Schwartz, L.J., Wenger, R.B. and Kohrell, M.G., 2017. Waste management and
resource recovery. CRC Press.
Schwing, F.B. and Pulwarty, R.S., 2018, December. Learning from Ecosystem-Based Science
and Management to Inform Water Resource Planning and Policy in a Changing
Environment. In AGU Fall Meeting Abstracts.
SUHAIMI, and et.al., 2016. Impact of Enterprise Resource Planning on Management Control
System and Accountants’ Role. International Journal of Economics & Management. 10(1).
Loucks, D.P. and Van Beek, E., 2017. Water resource systems planning and management: An
introduction to methods, models, and applications. Springer.
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