Salvaging a Project

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Human Resource Management – Designing a Compensation and Benefits Package Program Student’s Name: Institutional Affiliation: Abstract The goal of this paper is to discuss a compensation and benefits package program. The first part provides a memorandum to the team members involved in the completion of the compensation program. The memo elaborates the budget situation facing the project which has been on a near-collapse as a result of a decline in financial resources – and failure to meet deadlines. The second part discusses ways to improve the performance of a team player. Three recommendations stand in improving an under-performing team member; offering training and education, giving regular constructive feedback, and changing the management style from a boss to a mentor. The third part discusses ways of amending the project to bring it back to track. As seen, the design of a new compensation and benefits package program is facing financial and budgetary challenges. What is more, there are delays in submitting their project deliverables and works-in-progress. The critical path method CPM provides a sound approach to amending the project. The CPM also presents a classic method in bringing the project back to track. This will be achieved by reducing the length of activities in the critical path, starting with upstream activities, and utilizing the remaining financial resources effectively. Of special concern for the analysis is to design a critical path method that intends to bring the project back to track. Keywords: Critical Path Method CPM, Compensation and Benefits Package, Compensation Project, Project Management, Organizational Theory,

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