Human Resource Project Plan Management Coursework (Coursework Sample)

Human Resource Project Plan
Name:
Institution:
Date:
Table of Contents TOC \o "1-3" \h \z \u Introduction PAGEREF _Toc482147249 \h 3Title: Operation Fresh Start PAGEREF _Toc482147250 \h 4Specific Objective of the Project PAGEREF _Toc482147251 \h 4Scope Overview: PAGEREF _Toc482147252 \h 4Business Case: PAGEREF _Toc482147253 \h 5Background PAGEREF _Toc482147254 \h 6Risk, Assumptions, and Constraints PAGEREF _Toc482147255 \h 7Operation Policies PAGEREF _Toc482147256 \h 8Communication Plan for the Projected Plan PAGEREF _Toc482147257 \h 9Brief analysis on the scope of the project PAGEREF _Toc482147258 \h 11Analysis Structure PAGEREF _Toc482147259 \h 12Conclusion PAGEREF _Toc482147260 \h 15References PAGEREF _Toc482147261 \h 17
Introduction
Human Resource Management is one of the fields that has been widely explored in Business. Therefore, via Human Resource management, Companies have been able to accomplish quite a number of goals such as hiring new employees in the company in order to meet companies’ goals as well as objective. Additionally, this project focuses on utilizing the Human Resource field to restructure or else revamp the compensation and benefits package received by the employees from the company.
The above-aforementioned aim of this project is accomplished herein in this project via various strategies that ought to bring a remarkable change to the employees as well as the stakeholders of the company. In order to, renovate the compensation and benefits earned by each and every employee of the company, this project has to prevail various strategies in favor of the employees as well as aiming to maximize profit too.
With close reference to the above, this project accomplishes to renovate the compensation and benefits of the employees by designing a project charter to revamp the packages earned by the employees. Therefore, project charter revamp explains the scope overview of the project as well as defining the main specific objectives of the project.
In less defined terms, this is a Human Resource Project that is primarily meant to aid in renovating the employees’ jobs satisfactions. The project comprises of the following sections;
* Project Charter
* Communication Plan for the Project
* Scope of the Project
* Work Breakdown of the Project
What is a Project Charter?
This is one of the most critical tools while embarking to the establishment of a new Human Resource project. In other words, it is important in ensuring a brief analysis of the project for easy understanding as well as coordination of the project. Therefore, it comprises of a fleeting outline of the projected idea. Furthermore, it authenticates project manager either to start, holds the individuals involved or else accountable for the project as well as enabling verification and validation of the projected idea by the project manager.
Title: Operation Fresh Start
Specific Objective of the Project
Operation Fresh Start project seeks to find a more effective compensation plan for the company as well as considering the benefits package awarded to the employees of the company. However, it is meant to project various ideologies on how to improve amount payable to the employees as well as increasing the benefits package on the same. In regard to that, it also seeks to make a remarkable communication plan of the projected compensation plan for the company.
Scope Overview: Operation Fresh Start is a project implemented to showcase a remarkable change by renovating workers compensation as well as benefits. In this process, employees duties will be restructured with respect to making a remarkable change that ought to favor employee’s affairs. However, Employees have been making complaints here and there regarding benefits and compensation plans as well as the package. Therefore, this project aims at making a step ahead via outweighing some of the policies that make employees schedule unsatisfactory. In more detailed terms, there will be a restructuring of jobs assigned as well as the roles in order to advance the employees skills as well as enhance competency.
Compensation is one of the core factors that motivates employees to work. Therefore, it is termed as one of the primary sources of income for many individuals as well as security for their lifetime spendings in the economy of the country. In connection to that, employees will now be subjected to annual increment for their earnings as well as benefits based on their performance reviews, the period of employment (the time employee has worked for the company), and the job structure (Complexity).
In furtherance to the above, the project seeks to project addition of medical and life insurances packages. This will tends to favor the working conditions of the employees . In regard to that, the projected pay level will make a noteworthy change in job satisfaction among the employees well as they look forward to working more and more in order to have positive reviews of the job performance.
Business Case: Henry asserts that job dissatisfaction arises as a result of dissatisfaction that arises from particular obligations assigned to a certain kind of job CITATION Hen15 \l 1033 (Henry A. , 2015). The task and Roles of particular jobs need to be put into considerations when weighing out the pay and benefits one need to be compensated for the same. Along these lines, it needs some level of intricacy in order to keep the representatives fulfilled and not disparaging them for what sort of administrations they offer or else the sort of work they do. Pay is the most significant marker to distinguish work disappointment. Consequently, we do trust that by rebuilding the occupations and changing representatives pay and making extra installments to their compensation bundle will make them happier with their jobs. Thusly, this will likewise make employees enhance the nature of service they offer and also work execution so that the organization can thrive in a competitive market. In addition to that, restructuring the job analysis is also ought to solve issues regarding compensation and benefits package. As usual, one is compensated by the company according to the kind of services her or she renders to the company. Therefore, restructuring the job analysis of the company will tend to improve the quality of service rendered to the company as well as enhance diversification of labor by enabling employees to be competent in various fields in the company.
Background: Children’s Closet is one of the infants and adolescent clothing store that basically deals with purchasing secondhand clothing, refurbished toys, and children furniture’s. From a recent survey done by the company; it discovered that quite a number of employees are not satisfied with the overall payments and benefits package awarded to them. This is, as a result, that of dissatisfaction arising from the poor benefits package as well as the income is concerned. Therefore, the company sleeked to find an effective way of settling such inequalities. With close reference to that, full-time employees requested the administration of the company to offer substantial benefits package coupled with medical and life insurance. In any case, keeping in mind the end goal to exceed such imbalances that exist in the organization, workers have additionally asked for organized criteria to gauge business status and qualification for a pay increase in light of the assessment recordings.
Below is the projected criteria to solve the above-mentioned Issues regarding compensation as well as the benefit package
Brief definition of the job (January/12/206): Employees learn the basic concepts of what job pertains and the roles assigned to particular jobs
Job Analysis (February/12/2016): Human Resource Managers to redesign the Job Analysis of the company pertinent to specific kind of jobs as well as state the obligations assigned to each job
Contact Vendor (March/12/2016): Human Resource Manager to select the most appropriate medical Insurance Company that the organization will use.
Performance Evaluation (May/12/2016): Policy Makers Department to implement appropriate method of evaluating employee’s performance
Employees Raises (June/12/2016): Employees, Managers and Human Resources Employees get raised in view of execution audit
Risk, Assumptions, and Constraints: In most cases where business is established, one has to bear the risk in order the business to have a firm foundation. Therefore, the same case that happens when establishing a project plan in the real life scenario. The first and foremost risk likely to be encountered is that the project might take longer time than expected. The time-consuming project is always said not to achieve the goal of the company on time.
Secondly, the other main risk that arises in this project is an expense. Implementing this project can be quite expensive especially for unestablished companies that seek to impact change in their organization. In connection to that, issuing of medical insurance and life insurance to employee benefits is not a simple task since it may cost the company a lot because it is expensive.
Thirdly, the billing department o concerned with project management as well as management of company’s budget will bear a risk on adhering to project budget and spending approvals. The main reason for this is that employee participation is not to always guarantee and such circumstances can lead to inconveniences if employees aren’t formally notified of changes affecting pay structures. For this reason, it is, therefore, important that the project manager or Human Resource Manager to inform and clearly explain the changes when established.
Estimation of the Budget/ Spending approval: Harvey(2013) asserts that healthcare premiums range about $6771 per employee for upcoming businesse...