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Performance Appraisal System : Assignment

   

Added on  2020-10-05

14 Pages3123 Words110 Views
STAFFPERFORMANCEAPPRAISALSYSTEM

Table of ContentsINTRODUCTION...........................................................................................................................1PROJECT OBJECTIVES................................................................................................................1PROJECT TEAM AND THEIR ROLES........................................................................................1PROJECT STAGES AND KEY DELIVERABLES.......................................................................3TIME MANAGEMENT..................................................................................................................4WORK BREAKDOWN STRUCTURE.................................................................................4ACTIVITY LIST....................................................................................................................4GANTT CHART....................................................................................................................5NETWORK DIAGRAM AND CRITICAL PATH:..............................................................6BUDGET.........................................................................................................................................6QUALITY PLAN............................................................................................................................6RISK REGISTER............................................................................................................................7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10APPENDIX....................................................................................................................................11

INTRODUCTIONPerformance appraisal is a method of evaluating the performance of employees usingvarious methods of acquiring the review of their contribution of the company. It is imperativethat effective methods be chosen by the organisation to evaluate their workforce performance asit sets a base towards enhancing their productivity (Turner, 2014).The report below is based on United Finance Company SAOG (Oman), one of the mostsuccessful financial organisations in Oman. Its agenda is to introduce a Staff PerformanceAppraisal System in the company. To achieve this agenda, the report covers Project team andtheir roles in implementing this system as well as project stages and key deliverables. Toeffectively address the requirements, the report uses methods like Gantt Chart, NetworkDiagram, Budget, Quality plan and Risk Log.PROJECT OBJECTIVESUnited Finance Company SAOG (Oman) is considered as one of the most profitableorganisations in Oman. It has more than 12,000 satisfied customers, 7 branches in the countryand about a 150 employees. The objectives which would be fulfilled by implementing a StaffPerformance Appraisal System is as follows:To effectively maintain and manage records to develop wage structure, compensationpackages, etc.To ensure that right tasks been given to right personnels to maintain sustainability inoperations (Too and Weaver, 2014).To enhance the productivity and efficiencies of employees working in the company.To provide timely feedback to the workforce regarding their performance.PROJECT TEAM AND THEIR ROLESPOSTROLESRESPONSIBILITIESPROJECT MANAGERThe main element of StaffPerformance Appraisal Systemis the Project Management. Heis responsible for supervisingthe whole project. His role isto provide adequate resourcesEffectively organisingthe project using GanttChart,WorkBreakdown Structure,Budget, etc.Assessment of risk and1

to the team in effectivelycarrying out a proper appraisalfor the staff at United FinanceCompany SAOG (Oman).its mitigation.Determining Projectmilestones for the staffmembers which wouldset the basis forappraisals (Todorovićand et. al., 2015). PROJECT TEAMMEMBERS (Top- LevelManagers, Leaders, HR)The role of team members inStaff Performance appraisalswould be to effectively carryout the appraisals by settingstandards and using methodsprovided by the projectmanager.To effectively manageand monitor theprocess of appraisals.Supervisetheperformance of eachemployee by the givenstandards.Introducing challengesin order to make theprocess more effectiveand determineemployee efficiency.PROJECT SPONSORThese are the personnelswithin United FinanceCompany SAOG (Oman) thatwould be regularly associatedwith the appraisal system.These managers operate atsenior level that undertakesmooth running of the processat each stage.Manage the risk anderadicate obstacles.Ensure the overallquality of appraisalsystem process.Develop the reportingstructure of theappraisal systemprocess.Approve the budget toconduct the processeffectively.2

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