Paying for Performance

Why use incentive compensation for project teams? Simple: the biggest challenge in getting an EPM solution in place and in use is getting the resources to enter actuals and estimated time remaining in a timely and accurate way. Linking compensation with recordkeeping creates an environment that offers valuable feedback to each resource.

Incentive compensation tied directly to project performance allows an organization to offer tangible and results oriented rewards to each project team. Project Incentives offers an incentive compensation automation software that is fully integrated with Microsoft Project Server 2003. e•Plan manages and delivers accurate, timely, and verified incentive compensation information and offers the fastest way to get an Enterprise Project Management system in place and in use.

The Process

Project Incentives offers an easy to follow, five-step process for the implementation of an Enterprise Project Management System (EPM). Based on the Microsoft's Enterprise Implementation Framework, and specifically designed for Microsoft Project 2002/ 2003 Server, Project 2002 / 2003 Desktop, as well as other integration tools, PI's process incorporates the necessary steps to achieve Enterprise Integration of the Project Management system.

The five basic steps are:

• Assessment
• Planning
• Developing
• Implementing
• Paying for Performance

The final step is designing and implementing an incentive pay program for project resources.