Week 10 Project Management Assignment 4

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Wbav

Business Finance

Description

  • This assignment consists of two (2) parts: a project schedule, and a written response. You must submit both parts as separate files for the completion of this assignment. Label each file name according to the part of the assignment it is written for.Part A: Project Schedule
    (Submit as one [1] Microsoft Project file)
    1. In Assignment 2, you developed a project plan. Now, using the information from your project proposal, create a multi-level work breakdown structure (WBS) and detailed project schedule.
      Your project must include the following criteria:
      • The project must consist of at least twenty-five (25) tasks.
      • Each task must contain a start date, a finish date, and have main staffing and non-staffing resources assigned.
      • Assume that your work activities are completed during normal weekdays (no weekend work) under normal conditions (8 hours per day).
      • In terms of holidays, you can assume no work will be done the following days: New Year’s Day, President’s Day, Good Friday, Good Monday, Friday before Memorial Day, Memorial Day, the business day before Independence Day, Independence Day, the Friday before Labor Day, Labor Day, the day before Thanksgiving Day, Thanksgiving Day, Black Friday (day after Thanksgiving), the business day before Christmas, Christmas Day, the business day after Christmas Day, and New Year’s Eve.
    Part B: Written Response
    (Submit as a Microsoft Word file)Write a one to two (1-2) page response in which you:
    1. Analyze your project in terms of project completion, critical path, and slack / float. Specifically, be sure to answer the following:
      • When will the project be completed?
      • What is the critical path for the project?
      • How much slack / float is in your project? What activities have the greatest slack / float?
    2. Summarize the recommendations or improvements you would make to your project schedule. Specifically, be sure to answer the following:
      • Identify the top three (3) activities that you believe could impact the project completion date.
      • What additional activities would you add to this project to make it more complete, from a project management viewpoint?
    3. Format your assignment according to the following formatting requirements:
      • Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
      • 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 is not included in the required page length.
    Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric.

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Explanation & Answer

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Running head: HUMAN RESOURCE MANAGEMENT

Week 10 Assignment Human Resource Management
Student’s Name
Affiliate Institution

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HUMAN RESOURCE MANAGEMENT

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Dream Job

Different jobs have different methods of compensation whereby, the pay by an employer
serves as an exchange for the work done by an employee. Various techniques are employed in
setting the required amount for a particular job. Additionally, the job analysis is crucial in the
determination of the job requirements. Therefore, this paper seeks to analyze a dream job-project
manager and the compensation plan and its justification.
Job Description and Specifications for The Dream Job
In a construction project, different roles are assigned to different departments which are
headed by their respective departmental heads. In an ideal business operation, this assignment
seeks to create the job of a or project manager. The position will fall within the bounds of the
management department. Often, the project manager reports directly to the regional manager, the
human resource manager, and the CEO. The project manager’s minimum qualifications include:
➢ Preferably a Master Degree in Business Administration with a minimum of 3 years’
experience in the business.
➢ A Bachelor’s Degree in Business Administration or a Bachelor’s degree in any businessrelated field
➢ The applicant should also be registered with the Project Management Institute
➢ The key skills of the potential project manager include:
❖ Strong interpersonal, leadership, customer, service, management, multitasking
and customer service skills;
❖ Significant work experience concerning project management;
❖ Work with deadlines and well under pressure and
❖ Bookkeeping skills, analytical and exemplary decision-making skills.

HUMAN RESOURCE MANAGEMENT
Concerning the personal attributes, the ideal project manager should be honest,
trustworthy, culturally aware and sensitive, flexible and honest.
Job Description
A job description refers to an outline of the tasks as well as the related responsibilities
and duties of a position (Mader-Clark, 2013). The job description is developed through the
undertaking of a job analysis that includes the examination of tasks as well as the tasks that are
required for the job. The job description of the store/project manager include:
➢ Completing store operational requirements through the scheduling and assigning staff;
➢ Maintain store staff through recruiting, orienting, training and selecting of employees;
➢ Attain financial goals through annual budget preparations, expenditure scheduling,
variance analysis and initiating of correcting action;
➢ Guaranteeing the availability of merchandise through inventory maintenance;
➢ Maintain staff job results through coaching, disciplining employees and counselling;
monitoring, planning as well as the appraisal of job results;
➢ Ensure compliance with the legal requirements and
➢ Contribute to team efforts through the accomplishment of related results as required.
The project manager’s working conditions will be based on the number of hours that he
or she will have to be at work as well as the what he or she can handle at a time. Therefore, the
project manager will have to be available for a minimum of six and a half hours supervising
activities within the site and thus his or her physical demand is on a high. Additionally, the
project manager will have to juggle between two or three projects at a go, meet the client.

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HUMAN RESOURCE MANAGEMENT

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Compensation And Benefits Package
Compensation refers to the monetary exchange that takes place for work done, from the
employer to the employee (Franco, 2012). Benefits are exchanges in value to staff, as part of
their packages for work already done. Benefits are not monetary in nature. In any business entity,
the compensation package is an essential element in the general strategic human resource plan,
because much of the entity’s budget is often allocated to compensation of employees. The main
objective of compensation and benefits packages is to attract human resource to the business as
well as to retain the existing ones. Thus, in light of the position-store/project manager, the
compensation, and benefits package will adopt the market compensation policy. Market
compensation policies pay the existing rates for a particular job, in a certain marke...


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