Question

In: Operations Management

Just make it very simple For any of the business-related projects you are familiar with, provide...

Just make it very simple

For any of the business-related projects you are familiar with, provide a brief overview to remind everyone of the project. After the overview, describe the project performance measurement and evaluation system. Did it measure the important aspects of the project? Why or why not? What changes would you recommend?

Solutions

Expert Solution

I would refer to the Background verification Project in the organization in which the main goal was to create an employee profile in the Background Verification Portal and screen all the candidates of the concerned project or Department.

This includes multitasking with various checkpoints involved. This project performance or success rate was based on the number of candidates screened on time out of the total candidates available. This could be a more challenging situation as more of them need to be contacted and details need to be updated on time.

This project involves a team of 5 members. One member to check with recruiters to get the data of the shortlisted candidates. This collected data is analyzed by the second candidate and he makes calls to all the candidates and informs about the screening process and then about the communication and point of contact. Third-person would initiate the checks from the concerned employment verification portal and speak to the candidates informing about the todo list and steps that need to follow. The fourth one would follow up with the vendor to get the reports on time and upload them to the HR portal. The fifth candidate is responsible for validating the reports and publishing the MIS reports on time to various stakeholders.

In regards to project performance, Background verification should be completed prior to the project allocation. This will be the key indicator of the success rate of the project. Let us take an example, If we get a list of 100 candidates and we do screening for all of them and Turn Around Time for the completion is 21 days. We need to ensure that all the 100 candidates must be screened and report to be uploaded on the portal within the given time fra e of 21 days. Any delay in this will cause the efficiency of the projected to decrease. This will have a major impact on many systems including project allocations and billing. This measures the important aspect of the system.

Changes recommended for this project should be compliance and retention. As we know we deal with personal information of the candidates' Compliance should be dealt more strictly all the data we get should be handled very confidentially. We also observe that this process is taking 21 days of time to complete we need to interact with selected candidates for multiple times this causes security concerns to candidates and they might resign in the mean time. So we need to ensure that all the candidates are retained in the process.

Hence from the above description we can conclude the listed points.


Related Solutions

Just Make up a project Pick a project with which you are familiar. It could be...
Just Make up a project Pick a project with which you are familiar. It could be the project you described in Chapter 1 or any other project. Briefly describe the project. Once you have provided an overview of the project develop a project scope statement. As described in the textbook, a project scope statement should contain the following items: Project objective Deliverables Milestones Technical requirements Limits and exclusions
Share an example of any business you're familiar of. Your business could be producing any kinds...
Share an example of any business you're familiar of. Your business could be producing any kinds of good or service. For your business 1st explain the good or service produced, & then give an specific example of: - Explicit fixed cost - Explicit variable cost - Implicit fixed cost - Implicit variable cost
Describe the activities of any small business you know or are familiar with (e.g. physical, online)....
Describe the activities of any small business you know or are familiar with (e.g. physical, online). Using the framework for designing annual objectives, discuss how the small business in question will apportion annual objectives to its staff and control the process
Try to make it as simple as you can. Please provide the answers with some examples...
Try to make it as simple as you can. Please provide the answers with some examples as fast as you can. 11-Which of the following do all domains in the same forest have in common? (Choose all that apply.) a) The same domain name    b) The same schema c) The same user accounts    d) The same global catalog   12-Which of the following is a valid reason for using multiple forests? a) Centralized management     b) Need for different schemas c) Easy...
Find any health/nutrition/fitness article in the news media or internet, just make sure to provide the...
Find any health/nutrition/fitness article in the news media or internet, just make sure to provide the source. 200 words
Think of a business with which you are somewhat familiar. For that business: A. What are...
Think of a business with which you are somewhat familiar. For that business: A. What are the fixed costs? B. What are the variable costs? C. What are the explicit costs? D. What are the implicit costs? The following numbers will be estimates (I'm not asking you to do any research; Begin by entering possible numbers for the fixed costs and variable costs for each level of output. Then calculate total cost, marginal cost and average cost. I just want...
List a pair of animals or plants that you are familiar with that have very different...
List a pair of animals or plants that you are familiar with that have very different life history strategies. Which one is more r-selected? Which one is more K-selected? List several traits of the more r-selected organism that are typical of r-selected life histories, and list several traits of the more K-selected organism that are typical of K-selected life histories.
2. Think of a business with which you are somewhat familiar. For that business: A. What...
2. Think of a business with which you are somewhat familiar. For that business: A. What are the fixed costs? B. What are the variable costs? C. What are the explicit costs? D. What are the implicit costs? The following numbers will be estimates (I'm not asking you to do any research; Begin by entering possible numbers for the fixed costs and variable costs for each level of output. Then calculate total cost, marginal cost and average cost. I just...
Think of a company with which you are familiar. Describe an investing activity related to a...
Think of a company with which you are familiar. Describe an investing activity related to a company’s sustainability efforts that would be classified as a use of cash on a company’s statement of cash flows. ? Describe a financing activity related to a company’s sustainability efforts that would be classified as a use of cash on a company’s statement of cash flows.
The model to the right is a very simple Income/Loss Statement for a manufacturing business. There...
The model to the right is a very simple Income/Loss Statement for a manufacturing business. There are many simplifications in this model, but an Income/Loss Statement is a very useful tool for analyzing profitability when numerous variables need to be considered. The model assumes that the variable values are known (deterministic), but this does not restrict the user from asking numerous important "What-If" questions. You can determine the model's assumptions by examining the cells where calculations take place...e.g. notice the...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT