Executive Summary The purpose of this report is to elucidate the factors that would contribute to the successful opening of a new hospital. The report begins with a brief introduction about the medical science industry. The report then addresses the rationale of the proposed change plan and why the same is necessary. The next part of the report addresses ‘who would be benefitted’ by this project and the proposal is also analyzed financially in the subsequent sections. The budget forms one of the main parts of this report. The report concludes with a brief discussion of the identified risks and the importance of change management in this particular proposed project. Introduction Medication is required by every individual at certain points in their respective lives, either for sustenance of life or prevention of death. The sections of this report address a proposal of a new hospital along with a detailed discussion of the budgetary implications for the same. Everything required to set up a new venture of a hospital has been put in writing so that the relevant parties have a clear understanding of the objectives and the steps that are required to initiate a project of building up a new hospital. The case for Change Need of the Intervention At present, there is a lack of sufficient medical facilities in the city in question. This has been due to a historical lack of funding for the health sector and increasing pressures of over population on the existing hospital system. The program will change the situation by providing another hospital to reduce pressure on existing hospitals and providing better quality healthcare for patient in the area. This proposal addresses the government policy issue of providing better quality health care for all members of the community American Hospital Association (2012). Key Benefits The key anticipated benefits will be that the new hospital will reduce the amount of pressure that is currently on existing hospitals, therefore, increasing the quality of treatments that will be available to all patients in the city in question. Parties Benefitted The community will benefit from having more hospitals and increased quality of service for all hospital treatment. This will be expected to increase the average life expectancy of the community in the long term. Doctors and nurses will benefit as the traffic to hospitals will be reduced reducing their workloads. As soon as the new hospital is operational, doctors and nurses will have their workloads reduced. The government will benefit by having one of their key election promises fulfilled. This is beneficial to the government in the medium term because it increases their chance of re-election (Davis, 1972). Involvement of the Stakeholders The stakeholder is someone who can affect or be affected by the new hospital project. For the purpose of this project, stakeholder engagement includes, but is not limited to, community engagement. It is important to have stakeholder engagement captured in the budget to analyze the expenses on the hospital. Increases stakeholder support for the hospital, the same, improves the capacity for community members and partner organizations to fulfill key roles and responsibilit