Question

In: Operations Management

Prepare a project charter for the Health Coverage Costs Business Model project using the project charter...

Prepare a project charter for the Health Coverage Costs Business Model project using the project charter template as discussed in the class.

Assume that the project will take six months to complete and cost about AED 200,000.

Health Coverage Costs Business Model

Develop an application to track employee healthcare expenses and company healthcare costs. Healthcare premiums continue to increase, and the company has changed insurance carriers several times in the past 10 years. This application should allow business modeling of various scenarios as well as tracking and analyzing current and past employee healthcare expenses and company healthcare costs. This application must be secure and run on the current intranet so several managers and analysts can access it and download selected data for further analysis. The new application must also import data from the current systems that track employee expenses submitted to the company and the company’s costs to the insurance provider. You believe that having this data will help you revise policies concerning employee contributions to healthcare premiums and help you negotiate for lower premiums with insurance companies. You estimate that this application would save your company about AED 20/employee/year for full-time employees over the next four years.

Solutions

Expert Solution

SUMMARY:

1.Recreation and Wellness Intranet Project

  • Supports Business Strategies:- Employee health improving and internal cost reduced.
  • Potential Financial Benefits:- Health insurance premium reduced.
  • Benefits:- Health of employees can be improved within 1 year.

2. Health Coverage Costs Business Model

  • Supports Business Strategies:- Internal cost reduced.
  • Potential Financial Benefits:- Insurance premium with companies are lowered.
  • Benefits:- History of employees health and the cost related to them can be maintained.

3.Cross-Selling System

  • Supports Business Strategies:- Cross selling can be improved.
  • Potential Financial Benefits:- Profits can be increased.
  • Benefits:- Sales increased.

4.Web-Enhanced Communications System

  • Supports Business Strategies:- Delivery and development of products and services are improved.
  • Potential Financial Benefits:- Around $2 million of the company are saved every year.
  • Benefits:- A better communication can be levied among the customers, employees and suppliers.

  

WEIGHTED DECISION MATRIX:

Criteria

Weight

Recreation and Wellness Intranet Project

Health Coverage Costs Business Model

Cross-Selling System

Web-Enhanced Communications System

Strong business influence

10%

90

30

50

70

Level of technology resources required

10%

90

70

50

75

Provide positive NVP

20%

70

40

60

50

Has Low risk in meeting scope, cost and time goals

15%

70

50

40

60

Strong business strategies

25%

         

          90

30

50

80

Strong customer support

15%

60

10

40

85

One year’s implementation

5%

90

50

60

60

Weighted Projects score

100%

78.5

37

49.5

69.25

PROJECT CHARTER:

Approach of the project:

  • Requirements gathering, Planning, analysis and installation done by the internal staff.
  • Take survey for employing appropriate developer participate with.
  • Every issues can be tested within time and fix it.
  • Team progress meeting can be conducted every week.
  • Final testing can be done after fixing the issues to recheck.
  • The application could be implemented on the intranet.

Project charter should know following points:

  • Company background
  • Stakeholder’s key
  • Accomplishment date
  • Budget of the project
  • Project Goal


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