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Project Management (Essay Sample)

Assignment 3: Project Management Due Week 6 and worth 180 points Write a five page paper in which you: 1. Construct a Cost-Benefit Analysis matrix for an organization that is considering replacing its internal payroll system with a payroll outsourcing service. Include direct and indirect revenue enhancements and direct and indirect cost reductions. 2. Assess the risks associated with integrating a new payroll system and suggest what the project management team can do to minimize those risks. 3. Compose the tasks that would be needed to complete a Gantt chart (project schedule) for outsourcing the company¡¦s payroll system. Compare the advantages and disadvantages of using a Gantt chart versus using the Performance evaluation and review technique (PERT) and critical path method (CPM) when managing projects. 4. Propose three (3) types of feedback loops the project management team can implement so that potential users of the new payroll system can provide advice, suggestions, and guidance to the team during project development and implementation. Suggest how the project management team can filter out irrelevant information and target critical information provided by potential users of the new system. 5. Suggest three (3) types of behavioral problems that employees can manifest as a result of replacing the organization¡¦s legacy payroll system with an outsourced solution. Compose three (3) guidelines that a project manager can use to mitigate employee resistance to change. 6. Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources. Your assignment must follow these formatting guidelines: „FƒnBe 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. „FƒnInclude 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. The specific course learning outcomes associated with this assignment are: „FƒnCreate a project management plan and prepare the organization for the implementation. „FƒnUse technology and information resources to research issues in human resource information systems. „FƒnWrite clearly and concisely about human resource information systems using proper writing source..
Project Management Name Professor Class Date Project Management Table 1: Cost-Benefit Analysis Matrix t=0t=1t=2t=3t=4t=5One-time CostsReplacement costs(xxx)Recurring CostsPay slip costs(xxx)(xxx)(xxx)(xxx)(xxx)Costs for Management reports(xxx)(xxx)(xxx)(xxx)(xxx)Postage and Mailing Costs(xxx)(xxx)(xxx)(xxx)(xxx)Advisory Costs(xxx)(xxx)(xxx)(xxx)(xxx)BenefitsReduced costsxxxxxxxxxxxxxxxReduced IRS PenaltiesxxxxxxxxxxxxxxxSavings from payroll systems maintenance costsxxxxxxxxxxxxxxxSavings from technological costsxxxxxxxxxxxxxxxIncreased productivityxxxxxxxxxxxxxxxNet (F)(xxx)xxxxxxxxxxxxxxxP(xxx)xxxxxxxxxxxxxxxNPVxxxROIxxx Risks associated with Integration of a New Payroll System Outsourcing of the payroll services will be faced by some risks. The first risk associated with outsourcing involves the access of private information of the employees to third parties. In outsourcing of payroll services, a firm transfer important HR information to a third party. Some managers and business experts argue that the transfer of private information of the workers to third parties is insecure (Pandey, 2011, p. 1). The other risk is that the employees will be opposed to an outsourcing program because it will involve a transfer of their private information from the company. This can therefore result to wrangles between the managers of an organization and the employees. The other risk is that not all payroll-outsourcing firms are successful. In this regard, a firm can outsource the services from an incompetent firm and therefore problems maybe experienced in processing the salaries of the employees. This can lead to the loss of experienced workers, which is a disadvantage to the organization. Even if the cost-effectiveness of the program may be high, outsourcing of payroll system may not be sustainable and hence a fir...
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