Project Charter

Submitted by: Submitted by

Views: 10

Words: 1128

Pages: 5

Category: Business and Industry

Date Submitted: 07/25/2016 01:13 PM

Report This Essay

Project Charter

Project Title and Description (What is the project?) Upgrade the Payroll System

We’re a large, multinational organization with more than 20,000 employees, so human resource management is critical to our

success. To more efficiently compensate our employees, we want to replace or upgrade the employee payroll systems to better

reflect the changing nature of our workforce. Employees now work in various locations (offices and homes) around the world, work

simultaneously for multiple business units, and have more varied work schedules than ever before. Current geographically focused

payroll systems are not integrated, are inflexible, and require significant manual clerical time to maintain. Consolidated corporate

reporting and analysis for the different systems is also very expensive and inefficient.

Project Manager Assigned and Authority Level (Who is given authority to lead the project, and

can he/she determine, manage, and approve changes to budget, schedule, staffing, etc.?)

Whitney Thulin will be the project manager for this project. She may request any team members she sees fit and will work with

resource managers to secure the needed resources. She has signature authority up to $10,000. Tony Korpi is assigned as assistant project

manager.

Business Case (Why is the project being done? On what financial or other basis can we justify doing this project?)

Administering payroll currently costs $2.4 million annually along with the unmeasured costs of procedural inefficiencies. The industry

average payroll-processing costs for a global company our size is $100 per employee per year, which would be $2 million overall per

year. This savings of $400,000 per year (assuming a three-year payback period) justifies the approval of this project. See the detailed

business case attached to this charter.

Resources Preassigned (How many or which resources will be provided?)

The corporate payroll-processing group will be closely involved in this project along with...