The purpose of the Payroll project is to improve the timeliness and accuracy of payroll operations. This project meets Jones Consulting’s need for improved efficiencies across all departments by reducing payroll cycle time and minimizing staffing required for payroll operations. The project deliverables shall include payroll system design, all coding, testing, implementation of an integrated system for use with existing IT infrastructure, and a user’s guide. The objectives of the Payroll project are to reduce payroll cycle time by 30% and reduce payroll staffing by 20%. High level risks for this project include ensuring implementation is completed without impacting ongoing payroll operations and ensuring there are no issues with migrating payroll accounts from the legacy system to the new system. Success will be determined by the Project Sponsor once the system is implemented and one full payroll cycle has been completed that meets the objectives with no discrepancies.