Create a Project Charter for your Personal Project The forma

Create a Project Charter for your Personal Project The format and content of a Project Charter varies from organization to organization. Larger organizations have a PMO (Project Management Office.) Typically, the PMO dictates a standard format and content of key project deliverables, such as a Project Charter. If you work for an organization that has a standard template for a Project Charter (or, perhaps they refer to it as a “Statement of Work”), feel free to use your organization’s format. Otherwise, please use the Project Charter template provided by your instructor. The Project Charter should include the following sections: •Description and Scope Background info on organization, history of the problem / business need Objectives – the solution to the need, success criteria Benefits of the solution Scope statement - major deliverables, specific out-of-scope items. Business case – is the project worth doing? Financial justification. •Approach Major milestones or events schedule Impact on other projects or systems Critical assumptions, and constraints Process for change control •Resources Identify Sponsor, Stakeholders, Project team Roles & responsibilities Other material resource needs •Known risks at the outset •Acceptance criteria – how will we know when it’s done and accepted by the •Time and cost estimates – budget

Solution

Answer:

Steps to be followed to create a project charter:

1

Know the Project Vision. The first measure taken when determining a Project Charter is to identify the project vision. The vision encapsulates the purpose of the project and is the fixed end goal for the project team.

Describe the Project System. The succeeding step is to identify how the project will be structured by listing the clients, stakeholders, functions, responsibilities and reporting lines.

3

Arrange the Approach to Implementation. You now have a solid definition of what the project requires to accomplish and how it will be arranged to accomplish it. The succeeding step is to distinguish the implementation approach as follows.

By using these steps now we can prepare our project charter.