Individual: Project Proposal

Individual: Project Proposal

Presented by

Institution

Memorandum

Date: August 30, 2014

To: Company Chief Executive Officer

From: Project manager

Subject: A proposal to conduct a training program that incorporates all branch managers of the company

Project Name: implementation of a new companywide compliance system using new technology platforms and new compliance policies

Project description

The high rate of technology growth in the present competitive business environment leaves organizations with no option other than incorporating compliance technologies. Implementation of new technological tools helps improve an organization’s compliance programs and make them more effective and efficient. In addition, technology innovations help in the proper utilization of existing resources and minimize unnecessary costs leading to increased revenue (PWC, 2011). The company wishes to improve its competitive advantage through technological innovations. The project aims at rolling out new companywide compliance system that include the introduction of a new technology platform and hosting new compliance policies for the company. In order to ensure full implementation of the project, the company has directed every branch manager across the country to involve in at least ten hours of training to acquire skills in using the new system.

Potential stakeholders

            Several stakeholders play a significant role in ensuring the success of the project. The potential stakeholders directly involved in the project are the company Chief Executive Officer (CEO), branch managers, project managers, new system administrators, and the training institution. The CEO will work closely with the project manager and system administrators to ensure all activities run as planned. The branch managers are the main focus for the project. Every manager must undergo a training program, hence, directly involved to the program. Other stakeholders who have no direct involvement with the project include other company staff members, shareholders, and company clients. Other company staff members such as supervisors and other employees will also need to understand the new system. Branch managers will take f.............