hr and finance I. Select an HR project or program, e.g. implementing an HRIS, developing a new training program, outsourcing an HR function, etc. II. Based on your research, provide a detailed list of all costs and benefits. III. Conduct a cost-benefit analysis using NPV and Benefit/Cost Ratio. V. Write a three-page report describing your analysis and rationale for your decision. The three pages need to include your Excel spreadsheet. This report is for your companys HR Executive Committee, must state your recommendation, and summarize your analysis. You can create a company that would potentially invest in this project and estimate the costs and benefits. The estimates should be grounded in your research. Grades will be based on the quality of the: Paper including the following: a. Analysis of cost and benefits. b. Net present value and whether it supports the investment. c. Benefit cost ratio and whether it supports the investment. d. Citation of at least three articles or reports to support your costs and b
enefits. e. Excel spreadsheet using the cost/benefit analysis template provided. Building a training center instead of sending employees to external training providers Transitioning from classroom to online training Building an onsite daycare center for employees dependents Implementing a Human Resource Information Systems (HRIS) division Building an inhouse recruitment center instead of using outside recruiting agencies Building an employee fitness center American Society for Training and Development, astd.org Businessweek, businessweek.com Bloomberg (business news service), bloomberg.com CNBC (business network), cnbc.com CNN (cable news network), cnn.com Financial Times (financial news service), ft.com/home/us Fortune Magazine, fortune.com Investopedia, Investopedia.com New York Times, nyt.com Society for Human Resources Management, shrm.org New Jersey Star Ledger Newspaper (Job Finder section), nj.com/starledger Wall Street Journal, wsj.com Company websites and career sections PLEASE READ THE ASSIGNMENT CAREFULLY