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Tom Marcus, a director of personnel at Management Resources, Inc., is in the process of designing a program that its customers can use in the job-finding process. Some of the activities include preparing resumes, writing letters, making appointments to see prospective employers, researching companies, and industries, and so on. Necessary information on the activities is shown in the following table:

DAYS
ACTIVITY o (otimistic) p (pessimistic) m (most likely) IMMEDIATE PREDECESSORS
A 4 6 5 –
B 2 8 5 –
C 5 9 7 A
D 4 6 5 A
E 2 6 4 B
F 3 9 6 B
G 10 12 11 C, E
H 7 9 8 D, F

Required:

(e). Determine the probability that the project will be finished in 23 days or less.
(f). Determine the probability the the project will NOT be finished in 26 days or less.
(g). Determine the probability that the project will be finished in 25 days or less.
(h). If a manager considers crashing any of the tasks to reduce the duration of the project completion time, which tasks should he/she focus on? Why?

 
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Performance management systems that work

In general, the purpose of performance management can be categorized as administrative or developmental. Reviews, as part of the performance management system can also be used to verify the success of various HRM initiatives.

The ultimate success or failure of a performance management program depends on the philosophy underlying it, its connection with the firm’s business goals, and the attitudes and skills of those responsible for its administration.

In developing a performance management system, four basic things need to be taken into account:

  • carefully defined performance standards that are reliable, strategically relevant and free from either criterion deficiency or criterion contamination
  • performance standards and processes that are fair and legally defensible
  • the use of performance information from a variety of sources
  • thorough training for appraisers

Several methods can be used for performance reviews: trait approaches (such as graphic rating scales, mixed-standard scales, forced-choice forms, and essays), behavioural methods (such as critical incident ratings, checklists, BARS, and BOS) and results methods (MBO).

Appraisal interviews normally form an important part of the performance management system. Interviewers need to be properly trained to conduct effective interviews. Employee participation and goal setting generally lead to higher satisfaction and improved performance.

1) HRM Experience – Why this Salary? Case Study

 
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2.1 Organisations now depend on online platforms to market and advertise their products and services.
This puts them in direct contact with their clientele and the customers in turn can rate an
organisation’s products or services, rate customer service, voice their opinions and concerns and ask
questions. RICHFIELD wants you to help them develop a strategy in the form of a decision tree to help
their marketing team respond to online queries and posts better. Use the six conditions below based
on the type of post or comment to develop this strategy:
a) Negative Ignore (These are posts that you have to ignore usually from online “trolls”)
b) Negative Respond (Negative genuine posts fall under constructive criticism)
c) Neutral (These are posts that are neither good or bad)
d) Positive Posts or Comments
e) Crisis Posts or Comments (e.g. posts that have legal ramifications, are defamatory or
incite violence)
f) Policy Violations
2.2. You’ve been tasked by your manager to write a report on the effects of the Covid-19 Pandemic on
the company from the employees’ perspective to the financial aspect.
Describe how you would apply the 3 X 3 Writing Process in writing this report. Outline all three
phases and describe the tasks/activities you would carry out in each stage
 
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Whether in your life as a student or as a professional in the workplace, your life is filled with learning opportunities. With the material we’ve covered in the last five weeks in mind propose a study that represents points of comparison that can be tested. You can compare performance of a sample with that of a population, compare two samples, or the probability of an outcome using the binomial or Poisson distributions. These should be realistic tests/comparisons/probabilities. Though you do not need to compute the values to reach a conclusion, the study should be relevant and feasible. Full credit will involve 4 items:
Null and alternative hypotheses
Level of significance
Test statistic
Decision rule

 
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