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[solution] » Project success depends on setting and actively managing the project scope. In this activity, you cr


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Project success depends on setting and actively managing the project scope. In this activity, you create the project scope statement for your project. Follow these instructions:

  1. Discuss key project processes or scope requirements with stakeholders prior to writing the scope statement.
  2. Use the Project Scope Template to guide your work.
  3. Use the Project Scope Statement Checklist for expert tips and advice on how to create a Project Scope Statement.
  4. Refer to the Project Scope Statement Scoring Guide to learn how the instructor will evaluate your scope.
  5. Submit your project scope in the assignment area.
  6. The u02a1 template must be used and you must use PMBOK 5th edition.  Template u01a1 is the project scope that must be carried on the project 2.

Running Head: PROJECT CHARTER 1 U01a1

 

Sabrina Malone

 

Capella University PROJECT CHARTER 2

 

Project Charter Project Title: Revamping of Compensation and Benefits Project

 

Project Start Date: 01/12/2016

 

Projected Finish Date: 01/05/2017.

 

Budget Information: $65,011.07

 

Project Manager: Mrs. Roselyne Ramilo, roselyneramilo@gmail.com, +14464150417

 

Business Need

 

The name of the project is Revamping of Compensation and Benefits Project. As the new

 

human resource manager, the company want to revamp compensation and benefits packages to

 

its employees so that they feel motivated and to improve their productivity in the company and

 

that of the overall organization. The employee?s current salaries and remuneration is inadequate

 

to meet their basic needs and requirements. By revamping the compensation and benefits

 

packages, it will improve the employee?s productivity through motivation as well as increasing

 

the employee?s engagement to their jobs and the company (Caruth and Handlogten, 2001).

 

The company's current compensation package is below the national standards as

 

stipulated in the labor law acts. Moreover, the bonus compensation plan which only reward the

 

compelling work performance is not enough to motivate the employees of the company given the

 

workload that they perform. Therefore, after completion of the project, each departmental head

 

will oversee the implementation of the related aspects of the employee?s compensation and

 

benefits packages in their particular departments. PROJECT CHARTER 3 A good reward and compensation plan will increase the overall performance of the

 

company and increase its competitive advantage in the market. Besides, through improved

 

employee?s performance, it will enhance employees' recognition in the whole organization. Thus,

 

it will improve the employee?s morale and make it the best company to work for.

 

Problem Statement

 

The purpose is to construct a project charter which will help the company through its

 

human resource department in revamping the employees' compensation and benefits package to

 

improve the employee?s motivation and productivity. The proposed package should be capable of

 

recognizing the employee?s outstanding performance in a way which supports the core values,

 

mission and priorities of the company.

 

Approach

 

The project shall be managed by a group of team members of the company headed by the

 

Human Resource manager. The team shall be responsible for planning, developing and

 

overseeing the project to determine how much the company pays its employees and how the

 

payment increment influence their productivity and that of the overall organization performance.

 

Besides, the team shall prepare a program budget and keep operations within budget, to ensure

 

that pay and benefits comply with the federal and state laws.

 

Goals:

 

i. Create a compensation and benefit plan which is commensurate to the employees

 

work load and that which is sustainable, visible and consistence with the company

 

policies. The proposed compensation and benefit plan should: Motivates the employees PROJECT CHARTER ii. Improve the quality of work Improve the employees working morale Increase productivity and increase work effectiveness.

 

To classify the type of performance results and scale of performances the iii. company ought to achieve after enrolling the project.

 

To incorporate employees? feedback in order to provide direction on how their iv. compensation and benefits should work.

 

Develop manageable benefit and compensation system, which the company can 4 easily adjust to basing on its available resources.

 

Project Scope

 

The scope of compensation and benefit pan will cut across all the departments in the

 

company. Besides, it will ensure linkage between other employees systems found in the human

 

resource department. These other systems include performance management, reward and

 

recognition, and employees' timesheet. During different phases of the project, the team will be

 

reporting their developments to the head of human resource department whom will then report to

 

the management board. The team will report the project?s results and recommendations to the

 

company?s management. Moreover, the team anticipates fiscal budget recommendations. The

 

management board will offer its support to the team by carrying out subsequent meetings. This

 

will ensure the team finishes its goals and objectives within the stipulated time.

 

The compensation and benefits plan will be used for all the employees of the company

 

from the junior level such as laborers to senior employees such as the C.E.O of the company.

 

Besides, the project will involve cross checking the employees compensation and benefits with

 

labor union and the law to ensure that they are commensurate and are in accordance with the law.

 

Constraints/Assumptions/Dependencies PROJECT CHARTER 5 The assumption is that increasing employee?s benefits and compensations, will motivate

 

them. Another assumption is that the project will improve the employee?s productivity as well

 

the organization.

 

The constraint of this project is that it depends on the cash flows which varies with time.

 

Thus, financial resources may not be available as needed and alternative solution such as

 

borrowing may be required.

 

The project is dependent on the new compensation and benefit system to be completed

 

before the project can be initiated.

 

Initial Risk Factors

 

Increase of the compensation and benefit to the employees' base pay for each role might

 

make them see it as an entitlement. The other risk is the occurrence of the operational and risk

 

market events which might hinder the completion of the project.

 

Deliverables:

 

i. Define eligibility for the new compensation and benefit system in respect to the ii. company?s core policies, values, and performance record.

 

To operate as experts during the pilot and implementation stages of the benefit iii. and compensation plan

 

Create a system which is flexible to adapt by different departments within the iv. organization.

 

Integrate significant values within the company?s levels of affordability into the

 

new project plan. PROJECT CHARTER

 

v. 6 Plan and recommend compensation and benefit system, which contributes to

 

continuity, equity, and consistency of competencies and performances in the

 

company. Regulatory cost/Impact

 

There are various laws and regulations that the compensation and benefit plan should

 

consider. First, the Fair Labor Standard Act (FLSA). This is one of the most important piece

 

compensation legislation. It governs the minimum wage, overtime pay, equal pay, record keeping

 

which might impact the non-exempt employees and the overall project ("State Changes in

 

Compensation Laws," 2000).

 

Second is the Equal Pay Act of 1963. This is was an amendment of FLSA, which

 

prohibits differences in compensation based on sex for men and women in the same work place

 

whose jobs are similar

 

Project sponsor

 

The finance for the compensation and benefits project will be provided by the company.

 

Thus, the company will remain the sole sponsor of the project. The board of directors of the

 

company have agreed to endorse the project so as to increase the level of production and revenue

 

generation of the company in order to remain competitive in the market.

 

Team members and Project Managers Authority Manager- Mrs. Roselyne Ramilo

 

Facilitator- Mr. Josphat Shikana

 

HR consultant-Mr. Domnic Hongo

 

Supervisor-Mrs. Evaline Williams

 

Information services- Ms. Terryanne Nancy PROJECT CHARTER 7 Admissions-Mr. Wan Ben In this case, Human Resource manager is the team leader and his or her responsibility are to: Organizing the team and engaging them in every decision making, communicate

 

the projects progress to the board of directors and to Ensure completion of the

 

project in time and within the projected financial budget. Ensure that the project generates more benefits to the company and will reach

 

company's expectation and serve employees? accordingly.

 

The responsibility of other team members will include: Communication of the project requirement to various departments,

 

controlling the projects progress, helping in decision making, and to offer

 

flexibility in shifts, and working hours. Role Project sponsor Name Hewlett Packard's Organization and Contact Position Information Hewlett Packard's +14431765498 (HP)

 

Project manager Roselyne Ramilo HP-HR manager +14464150417 Team member Mr. Domnic Hongo HP-HR consultant +14150417482 Team member Mrs. Evaline HP-Employees +14756432095 Williams Supervisor Team member Ms. Terryanne Nancy HP-Information services +14848190063 manager

 

Team member Mr. Wan Ben HP-Employees +14687609824 PROJECT CHARTER 8 Admissions Sign Off

 

Name Signature Mrs. Roselyne Ramilo

 

Mr. Josphat Shikana

 

Mr. Domnic Hongo

 

Mrs. Evaline Williams

 

Ms. Terryanne Nancy

 

Mr. Wan Ben

 

References

 

Caruth, D. L., & Handlogten, G. D. (2001). Managing compensation (and understanding it too):

 

A handbook for the perplexed. Westport, CT: Quorum Books.

 

State Changes in Compensation Laws. (2000). Compensation & Benefits Review, 32(6), 41-53.

 

doi:10.1177/08863680022098127

 


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