hrm 520 week 6 assignment 3

May 9th, 2015
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Strayer University
Course: HRM
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Week 6 Assignment 3 Assignment 3: Project Management Write a five to seven (5-7) 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, sug

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Assignment 3: Project Management1. 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.As indicated by sourcingfocus.com, the alternatives accessible for associations looking to outsource have expanded drastically in the previous ten years, as innovation has created to permit genuine adaptability in the offerings accessible. In the past the decision was genuinely basic, organizations would oversee finance in house through 'off the rack' finance programming or outsource altogether to an outsider. Presently the scope of choices accessible appear to be boundless with cloud based arrangements supporting a product and administration blend that gives genuine adaptability, contingent upon what an association is attempting to attain to through outsourcing. A typical trepidation when considering outsourcing is that an organization will lose control over a capacity and vital information. Nonetheless, cloud based arrangements imply that a HR or account executive and their administration group can really get all the more, not less control over their information by outsourcing. Both HR and account groups, and additionally line supervisors, can communicate substantially more nearly with the framework through an easy to use interface than they would already have possessed th

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