Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Hris cost benefit analysis matrix

29/10/2021 Client: muhammad11 Deadline: 2 Day

HRIS- Project Management Roadmap

Project Management Process

A Human Resource Information System provides various functions that enhance an organization’s performance regarding its human resources. In the development of an HRIS system for Gladwell Grocery Stores, the project management process has to appear followed carefully. The steps explained below (Kerzner & Kerzner, 2017).

Project Definition

· Scope Statement Development - The aim of developing an HRIS system for Gladwell Grocery Store will be to enhance the organization’s performance management process.

· Selection of a Planning Team -The planning team must involve staff from HR, IT and the senior management of the store

Project Planning – It requires Identification of deliverables. The company must set goals for the HRIS system and create a work breakdown structure for the same. The following table shows needed deliverables for completion.

Deliverable

Person Responsible

Aligning HRIS with strategy

HR Manager

Approval of HRIS and timeline setting

Operations

Technical Advising

IT Manager

System Specific questions

Vendor

User training and feedback

Departmental Managers

Budget and Return on Investment benchmarking

Finance Manager

Project Implementation –This involves installing the HRIS system. AT this phase, staff receives training on how to use the system. The company will observe the order to see how it works. Feedback will be expected at this point so that any arising issues can resolve.

Project Management and Control – Projects receive management under specific controls like a budget and risk management plan. It will also involve people management to see whether they have integrated into the system (Kerzner & Kerzner, 2017). Tracking data and reviewing it and the deliverables discussed.

HRIS Cost Justification

HRIS COST-BENEFIT ANALYSIS MATRIX

Direct (Hard)

Indirect (Soft)

Benefits

Revenue Enhancement

Better performance management

Higher Staff Productivity

More customer acquisition-Revenue up by 20% to $600,000

Employees motivated

Cost Reduction

Reduced cost of performance reviews

Reduced performance management paperwork

(costs to reduce from $50,000 to $20,000)

Less time of performance reviews

Progressive performance management

Cost

New Implementation Costs ($140,000)

System Installation

Software Licenses

Training Admin

Bandwidth monthly fees

Productivity goes down during system installation

Under the benefits analysis in the table above, the organization will achieve better performance management hence more customer acquisition, and this will lead to higher sales for the grocery store. Employees will be able to take control of their performance thus helping them to focus on the customers and sell more, resulting in a positive effect on the bottom-line. There will be higher staff productivity due to employee motivation. The store will be able to realize more sales since employees are motivated to work and have an aim of doing their best for the organization.

Under the cost reduction bracket, the company will be able to reduce many costs associated with performance management as there will be less traveling through branches to carry out appraisals. There will also be less paperwork hence saving costs for the company. Due to the HRIS, there will be less time spent on performance management since everything will be automated and performance tracking daily.

There will be new implementation costs as a result of the HRIS. Some of these costs include the installation of the system and training of employees to use the same. Other costs will be the license for the software use which payout annually. Bandwidth fees must also be paid regularly to ensure the system operates well.

Cost-Benefit Analysis

Under the benefits, the customer base is expected to increase, and revenue supposed to go up by 20% hence making it $600,000/. There will be a cost reduction in transport and less paperwork, and this is expected to go down from $50,000 to $20,000.

The new implementation costs will be $140,000 but the organization will be growing and will collect more revenue. When looking at the prices against benefits, it is justifiable for the project to proceed since the costs recover as income increases.

HR Metrics

The performance metric will bring the most value to the HR performance function which will be supported by the HRIS (Ulrich & Dulebohn, 2015). The performance metric involves the following.

· Work quality

· Work quantity

· Work efficiency

· Organizational performance metrics

Work Quality Metric- The grocery store will be able to assess the employee performance by looking at factors such as management by objectives where the HRIS will break down the company goals into individual ones (Ulrich & Dulebohn, 2015). The HRIS system will also measure the number of errors and will have an input 360-degree feedback system that will enable employees to have a broader insight into their performance.

Work Quantity Metric- This will enable measuring of employee performance through quantity. The number of sales will determine the output of each employee and will automatically approach completion by the HRIS. Involving the number of calls handled and first call resolution. The quality of calls can also be measured.

Work Efficiency Metric – Considers the resources that have input times of time and money and the employee output. The HRIS will be able to calculate this and employees will be able to monitor their performance online.

Organizational Performance Metric – Calculations completed by looking at the revenue per employee. The HRIS system will be able to calculate the income each employee makes for the grocery store (Ulrich & Dulebohn, 2015). It also looks at factors such as human capital return on investment, the rate of absenteeism and the amount of overtime paid by each employee.

References

Chen, M. L. (2016). A Study of Critical Success Factors in HRIS Implementation: Analysis of Innovation Readiness.

Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.

Ulrich, D., & Dulebohn, J. H. (2015). Are we there yet? What's next for HR?. Human Resource Management Review, 25(2), 188-204.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Accounting Homework Help
Solutions Store
Top Grade Tutor
Engineering Mentor
Online Assignment Help
Homework Guru
Writer Writer Name Offer Chat
Accounting Homework Help

ONLINE

Accounting Homework Help

Being a Ph.D. in the Business field, I have been doing academic writing for the past 7 years and have a good command over writing research papers, essay, dissertations and all kinds of academic writing and proofreading.

$27 Chat With Writer
Solutions Store

ONLINE

Solutions Store

After reading your project details, I feel myself as the best option for you to fulfill this project with 100 percent perfection.

$27 Chat With Writer
Top Grade Tutor

ONLINE

Top Grade Tutor

I have written research reports, assignments, thesis, research proposals, and dissertations for different level students and on different subjects.

$30 Chat With Writer
Engineering Mentor

ONLINE

Engineering Mentor

I find your project quite stimulating and related to my profession. I can surely contribute you with your project.

$23 Chat With Writer
Online Assignment Help

ONLINE

Online Assignment Help

I can assist you in plagiarism free writing as I have already done several related projects of writing. I have a master qualification with 5 years’ experience in; Essay Writing, Case Study Writing, Report Writing.

$30 Chat With Writer
Homework Guru

ONLINE

Homework Guru

I am an elite class writer with more than 6 years of experience as an academic writer. I will provide you the 100 percent original and plagiarism-free content.

$24 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

NR632 week6 IP - Mental Health - 800 words - Define the five promotion mix tools for communicating customer value - Persuasive speech on why you should eat breakfast - Campus clothiers excel - Time warner intelligent home - En1150 week 2 assignment answers - Hispanic Adolescents Overweight - Screwtape letters chapter 8 - Primary value chain activities - Essay - Condensed structural formula for cis 4 octene - Oasis curtin edu au - Dissertation Literature Outline - 100 positive response due tonight 9/3/20 at 10:00 three references - Final project - Are giraffes cold blooded - Assignment - What are your educational goals answer - BusinessEthics: JOurnalARticlAnalysis 5:Pick one of the following terms for your research: Moral philosophy, justice, white-collar crime, differential association, or powe - An image of africa summary - Transactions affecting owner's equity include - Mass communication living in a media world sixth edition pdf - Staffing pattern of nursing services - Berkshire community dental service - Customer complaint role play script - International Issues Assignment - Hockley beer - Super's archway model - Surface area to volume ratio calculator - Igcse art and design scheme of work - Honey spot character analysis - Layout and flow in operations management - Na2co3 + h2o ionic equation - Uncertainty of Big Data - Change management simulation power and influence cheat sheet - Variation price request template - NURSING: EVIDENCED-BASED PRACTICE PROJECT - Superconducting magnetic energy storage pdf - Lexical analyzer generator lex - Cell cycle and mitosis worksheet answers - Lennox g24m3 75a 6 manual - 1000 words opioid crisis impact on children due 10/12/2020 - Intercultural communication interview - Berkshire county sports club - Industrial application of marcet boiler experiment - In-house development vs packaged software - Week 6 - Bf skinner child development theory - Precise and Clear - 6 methods of separating mixtures - Week 8 assignment 2 - International business 12e - Healthcare policy in the US - Spanish alphabet pronunciation sheet - Code of ethics for professional teachers reflection - The engine room bendigo - Please select topic - Discussion response - Oceanview marine company assessment of inherent risk - Epidemiology Essay - Commedia dell arte history timeline - Example of mundane realism - Disc 2 Informatic - Security breach at tjx pdf - Ming pao news mobile - Under armour annual report 2015 - MARKET STRUCTURE AND GAME THEORY- SLP - Toys plus inc case study solution - 250 word essay Explain how action potentials change in response to stimulus intensity. Use an example from the human visual system to illustrate this process - List of ee cummings poems - Menschen a2 1 übungen - Collage in photoshop cs3 - Everest simulation analysis - 250 words - Emc documentum content server - Nike inc cost of capital excel - Structural Versus Strategic Family Therapies - Virtual Classroom Discussion Exercise - Source comparison worksheet - Seeing conservation through the global lens - Decreasing annuity due formula - Journal entry - The inspiration of mr budd sparknotes - Dr sam mckewin cairns - Translink day ticket price - Case study writing - Inflation - Organizing and Delegating Work - Operational Excellence - What is a preview statement in a speech - Bsbmgt608 manage innovation and continuous improvement assessment task 2 project - Practical Connection Assignment reflection - How does social science inquiry advance and evolve over time - Nightingale tribute honoring departed nurses - Farah chatelier - X 5 2x 15 0 - Ib chemistry chapter 2 - Which statement best captures the importance of good personal hygiene - The growth of cities worksheet