Running Head: HUMAN RESOURCES PROJECT PLAN 1
HUMAN RESOURCES PROJECT PLAN 10
Assignment 3: Human Resources Project Plan
Cynthia G. Lewis
Professor Kenneth Lewis
HRM 517- Managing Human Resource Project
Strayer University
February 12, 2018
The success of any project is determined by various factors. Among them is the ability of the project team or manager to develop an organized project charter. An organization or company project charter is used to give a description of the vision of the project, objectives, scope, project organization as well as the implementation plan. It is therefore considered to be one of the essential documents in any business or organization management system. For instance, in developing an effective customer relationship management system, the customer relationship manager or the team should have a well-developed project charter and in most cases, this document would be most precise. This paper will, therefore, help in designing a project charter that will be used to revamp the company’s compensation and benefits package received by its employees.
Construct a project charter to revamp the compensation and benefits package.
As the human resource manager of this company, the existing employee compensation, and benefits package has recently attracted a great deal of interest. This has proved to be useful for the annual completion of performance evaluations which has shown a lack of employee motivation in the company. It has also contributed to poor performance in service delivery to its clients and even in meeting the established duties and responsibilities. Therefore, it would be favorable to revamp the existing compensation and benefits package which is currently being offered to the employees. This is guided by the objective of the company to improve its performance in comparison to previous years. According to the Labor Act (Monaco & Pierce, 2015), it is proposed that each company or organization should provide a standard compensation and reward system for its employees that would include bonuses, rewards, and other established opportunities or systems which the company could utilize in an effort to recognize the efforts of employees thereby improving workforce development initiatives and strategies.
The vision of this plan is to develop an effective project charter that will help the company in revamping employee’s benefits and compensation package by recognizing the employee’s individual efforts. Along with the vision would include the project objectives which would be considered to develop compensation benefits plan that recognizes employee efforts in improving company productivity, to design and develop an effective benefit and compensation system that can be adjusted consistently based on company rate or growth, profitability and resource endowment. The vision would also include a way in which to motivate the company employees based on individual and collective productivity and w ...
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Running Head HUMAN RESOURCES PROJECT PLAN1HUMAN RESOURCES PROJ.docx
1. Running Head: HUMAN RESOURCES PROJECT PLAN 1
HUMAN RESOURCES PROJECT PLAN 10
Assignment 3: Human Resources Project Plan
Cynthia G. Lewis
Professor Kenneth Lewis
HRM 517- Managing Human Resource Project
Strayer University
February 12, 2018
The success of any project is determined by various
factors. Among them is the ability of the project team or
manager to develop an organized project charter. An
organization or company project charter is used to give a
description of the vision of the project, objectives, scope,
project organization as well as the implementation plan. It is
therefore considered to be one of the essential documents in any
business or organization management system. For instance, in
developing an effective customer relationship management
2. system, the customer relationship manager or the team should
have a well-developed project charter and in most cases, this
document would be most precise. This paper will, therefore,
help in designing a project charter that will be used to revamp
the company’s compensation and benefits package received by
its employees.
Construct a project charter to revamp the compensation
and benefits package.
As the human resource manager of this company, the
existing employee compensation, and benefits package has
recently attracted a great deal of interest. This has proved to be
useful for the annual completion of performance evaluations
which has shown a lack of employee motivation in the company.
It has also contributed to poor performance in service delivery
to its clients and even in meeting the established duties and
responsibilities. Therefore, it would be favorable to revamp the
existing compensation and benefits package which is currently
being offered to the employees. This is guided by the objective
of the company to improve its performance in comparison to
previous years. According to the Labor Act (Monaco & Pierce,
2015), it is proposed that each company or organization should
provide a standard compensation and reward system for its
employees that would include bonuses, rewards, and other
established opportunities or systems which the company could
utilize in an effort to recognize the efforts of employees thereby
improving workforce development initiatives and strategies.
The vision of this plan is to develop an effective project
charter that will help the company in revamping employee’s
benefits and compensation package by recognizing the
employee’s individual efforts. Along with the vision would
include the project objectives which would be considered to
develop compensation benefits plan that recognizes employee
efforts in improving company productivity, to design and
develop an effective benefit and compensation system that can
be adjusted consistently based on company rate or growth,
profitability and resource endowment. The vision would also
3. include a way in which to motivate the company employees
based on individual and collective productivity and work
efficiency. In addition, this would aid in identifying the
importance of employee input and feedback in relations to
developing and implementing compensation plans or structure
in the company.
With the actualization of this project, the project team
seeks to achieve this through three stages. The team will start
by meeting the project sponsors along with the management
team to review and approve the designed project charter.
Hereafter, the team will establish the various criteria and
aspects together with the competencies in relation to the
compensation and benefits plan. Then, the project team will
present results and recommendations of the system to company
management and their sponsors.
Project team membership
1. Head of the team, Mrs. Jane Glorious, Human Resource
Manager
2. Project Assistant, Mr. Edward Janes, Assistant Human
Resource Manager
3. Head of communication, Mrs. Veronica Albert
4. Head of Data Collection, Mr. Henry Bruce
5. Head of Working Relations, Mrs. Hamada
6. Legal Experts, Mr. Johnston and Mrs. Catherine
7. Labor and Workforce Development Officers, Mr. Josh and
Mrs. Jessica
8. Company Management Team
9. Ten members of staff of the company one from each company
department
Design a communication plan for the
project
The success of any project is dependent upon the
communication strategy established by the project team to link
all other stakeholders. In this case, the team seeks to establish
an effective communication link between the employees who
represent the main stakeholders, the human resource
4. management team, as well as the company management team
and other labor or workforce development officers
(Kloppenborg, 2015). The project team will provide continuous
reports during the implementation process of the compensation
system to the head of human resource department which in turn
will also be provided to project sponsors along with the
company management board. It is also important to establish an
effective communication link between the employees and
company staff because it allows each team member to seek
feedback as well as help to identify any potential issues. Should
there develop any form of communication regarding the project
outside of the team, then appropriate mechanisms are in place
whereby the head of human resource management will be the
only authorized person to communicate these issues given
authority by the company.
Define the scope of the project
This project is aimed at providing an effective link
between all the established compensation as well as benefit
plans in the company human resource department. This will help
to ensure that the company’s performance management system,
the reward and recognition system, and bonus system are fully
integrated into the new compensation and benefits plan. To
achieve this the manager of the human resource team must
ensure constant reporting and present them to the company
management board for assistance in terms of evaluation and
progress assessment. These reports will be provided at a given
time to ensure that the project is complete as necessary or
according to the provided schedule (Clemons, 2013). There is
also a great need to consult with the company staff and
employees in addition to other experts in matters concerning
workforce development to assist in providing useful information
to the human resource management and project team. The
project team will prepare an approximation of certain figures or
data along with identifying various members for the sake of the
project.
The entire project team will seek to accomplish the
5. following outcomes as a result of project deliverables. First
would be to develop a system that would improve the working
conditions and productivity of the employees as well as the
company. There would also be a need to design a system that is
flexible and consistent with the company mission, vision, and
values. Through this new compensation and benefits plan
system, the team must recommend to company management a
benefit and compensation system that is equitable and which
takes into consideration the company employee efforts,
competencies and performance.
For this to be effective, the main focus must be on
employee competencies and efforts in delivering results
contrary to the previous system in which the rewards were based
on popularity and years of service in the company. Therefore,
the new system must be essential to improve company
performance by setting or putting into place annual goals which
can be used in the assessment of employee performance,
performance appraisal systems and coaching and mentoring
programs for employees. This new system will seek to achieve
legal compliance in relation to labor requirements. Though the
incorporation of legal requirements will ensure the company
remains in compliance with all federal and state laws, it will
also help to eliminate any employee bias in compensation
(Moran, 2014) as well as help the company to avoid potential
lawsuits which might affect the reputation of the company and
eventually its recruitment strategies.
The new compensation and benefits system will implement
a structured administration by establishing an annual salary
review process and salary audit which is a very important aspect
of a successful compensation management. The system will
create an environment that recognizes and rewards employee
performance and establishes a strong culture of employee
engagement. It is believed that organizations are as successful
as their approaches to hiring the right people in addition to
setting clear salary expectations, managing performance and
identifying and rewarding employees for a job well done.
6. Any project is subject to possible risks during
implementation such as with investment opportunities.
However, the project team will attempt to mitigate all of these
risks by designing a system that will take into consideration
some of these risk factors. One such factor might include a lack
of employee satisfaction with the job which can be attributed to
other influences unlike the compensation and benefits plan of
the company. Employee satisfaction can be related to many
other social, economic and psychological factors. However, the
project team has made an assumption that this new
compensation system will help to improve employee motivation
while developing individual productivity in addition to the
general company production (Kloppenborg, 2015).
For effective implementation of the project, the team is
committed to ensuring the success of the project in conducting
an evaluation whereby engaging several of the stakeholders. An
analysis of the various effective implementation mechanisms
would also be put in place to support the goals and objectives of
the project. The manager and head of the project team will
establish a variety of monitoring strategies to ensure that the
project can achieve its set objectives. The project charter is
believed to revamp the current compensation and benefits
package wherein company employees are satisfied. It is
believed to increase the levels of employee motivation and to
improve company productivity through a cumulative and
individual effort. The human resource manager together with
the project team will be able to help the company attain an
effective and consistent workforce development system of
compensation that is in tune with the company mission, vision,
and strategic values. This new system will serve all company
departments and will help to achieve equality (Kloppenborg,
2015).
Create a work breakdown structure including numbered
components. Submit your WBS by creating a table inside your
assignment.
The WBS is an essential project deliverable tool that can
7. help to organize the entire project teamwork into manageable
sections and follows the 100 percent rule.
Numbers Project Activity
Number of days
1.1 Current situation analysis
3 days
1.2 Development of project charter
10 days
1.3 Project Objectives 3
days
1.4 Developing project scope
2 days
1.5 Project deliverables
5 days
1.6 Project implementation plan
3 days
1.7 Project communication plan
3 days
1.8 Project team membership
2 days
1.9 Project execution
15 days
2.0 Project analysis, evaluation, and
monitoring 10 days
2.1 Project completion phase
2 days
2.2 Project close out
1 day
Below is an example of a sample of an existing employee
compensation package for the year 2016 which has been
criticized and brought a great deal of conflict between the
employees and the company management team including human
resource management. It is due to this structure that the
department has come up with a new system of compensation and
reward which is believed to be effective in motivating its
8. employees and staff and to improve productivity. The current
compensation structure is provided below.
Compensation and benefits package as of 2016
Direct compensation $30,000
Compensation on the job pay $24,400
Wages
$18,000
Overtime $400
Company education $1,000
Clinical ladder
$1,000
Subtotal
$24,000
Other Benefits
Company profit share $500
Dental and vision $100
Disability insurance $200
Medicare $400
Employee Assistance Program $1,200
Subtotal $2,400
Total compensation package $26,800
The new compensation and reward system will seek to improve
on this existing compensation package with the aim of
improving workforce development and productivity in the
company. It will seek to bring about changes to the direct
compensation based on employee performance and merit
(Current Labor Statistics, 2013). Moreover, the new system will
provide more rewards and add more funds to employee
Medicare, bonuses and will seek to provide holiday packages
for its employees. The system will establish a fixed reward
system for all employees in all departments that will aid to
facilitate equality in terms of incentives while providing a
reliable process of managing workforce development.
9. References
Clemons, H. L. (2013). New Tax Increases Make Deferral of
Compensation a (More) Valuable
Benefit for many employees. Employee Relations Law
Journal, 39(1), 18-24
Current Labor Statistics (2013). Monthly Labor Review, 136(4),
91-166.
Kloppenborg, T. (2015). Contemporary Project Management
(3rd ed.). Stamford, CT: Cengage
Learning.
Monaco, K., & Pierce, B. (2015). Compensation inequality:
Evidence from the National
Compensation Survey. Monthly Labor Review, 1-11
Moran, A. E. (2014). Welfare Benefits in a Merger and
Acquisition Context. Employee Relations
Law Journal, 40(1), 76-85
10. Assignment 5: MS Project Scheduling and Salvaging a Project
Due Week 10 and worth 280 points
Go to iCampus to download a free version of Microsoft Project
needed to complete this assignment. Details on how to
download the software are available in the online course shell in
the Additional Resources section of the Student Center.
Make the needed corrections to Assignment 3 using instructor
feedback and initialize a new project in Microsoft Project to
complete the following:
1. Create a work breakdown structure in MS Project using the
existing information from Assignment 3. Note: This assignment
will require you to submit a zipped file. Please see below for
details on how to zip a file.
Imagine your human resource project of revamping the
employee compensation and benefits package is starting to
develop issues. The project is eight (8) weeks off track and your
team members are becoming discouraged. Several members of
the team are consistently late with deadlines, and you have
discovered that your budget depleted quicker than expected.
Your project sponsor is looking for you to salvage this project.
Write a six to eight (6-8) page paper in which you:
2. Write a memo that communicates the budget situation to the
rest of the team.
3. Suggest three (3) ways to improve an underperforming team
member.
4. Organize a plan of action to get the project back on track.
Develop a new critical path.
Your assignment must:
. Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; references must follow
APA or school-specific format. Check with your professor for
any additional instructions.
11. . Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in
the required page length.