Project Management In today's competitive environment, human resources (HR) directors compete with other operating departments for project funds. This requires the HR department to be able to detail the benefits the project offers to the organization and to have a competitive return on investment (ROI). HR directors should evaluate the benefits of outsourcing the service to vendors, working with the information technology (IT) department to develop software that meets HR requirements, purchasing off-the-shelf software, or renting Software As A Service (SAAS) . Human Resources Information System (HRIS) projects don't just happen, they require input from a wide range of users, extensive planning, testing, feedback loops, an implementation plan, and gain acceptance from individuals within the organization. Even if a program meets all the requirements, it needs a lead to act as a change agent. Team members generally do not embrace change; they know how the current program works and need to understand the reason for the change, the training, and the opportunity to provide input into the process for the project to be successful. The paper will discuss the cost-benefit analysis, risk and mitigation factors, project management tool, project management feedback loops, organizational behavioral concerns, and mitigating factors that can be used to increase the likelihood that a project is successful. Cost-Benefit Analysis In today's competitive economy it is critical that organizations invest their funds wisely. One tool many organizations use is cost-benefit analysis (CBA) to assist them in their decision-making process in determining which projects make the best financial sense. CBA requires human resources departments to develop expertise. Vienna, VA: Management Concept PressJeffreys, J., ((2009, June 25). Advantages and Disadvantages of Gantt Charts, Retrieved November 13, 2013 from http://www.pmhut.com/advantages-and-disadvantages - of-gantt-chartsKavanagh, M.J., Thite, M., Johnson, D.J., (2012) Human Resources Information Systems, Thousand Oaks, CA; Retrieved November 14, 2013 from http://www. kotterinternational.com/our-principles/changestepsPalmer, I., Dunford, R., Akin, G., (2009) York, McGraw-Hill Companies Inc.Sharma, R., (2013, May 18) 60960 advantages and disadvantages. of the critical path method/
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