Project Charter

Project Charter

For this Course Project, you may choose a project that is of interest to you.  When selecting a project, avoid picking one that is either too big or too small. For example, do not decide to build a new stadium for your local sports team (too big) or to plant your summer garden (too small). Projects may vary from a few hundred thousand dollars to a few million dollars. Projects should last somewhere between 6 months and 2 years. Be sure your selection is an actual project and not routine work. Pick a project with which you have some experience and familiarity. Do not pick a topic, such as a construction project, unless you understand construction well.

Some successful project ideas.

• The opening of a coffee shop-This will be my project Idea

Note: A project to build a house is NOT acceptable as it is too large a project.

After you obtain approval for your project idea, you will complete your project charter, which is due this week. The following are Important sections to be included in your project charter.

• Project Title/Name: ELITE COFFEE BREW
• What will the project be known as? PROJECT STAY AWAKE
• What shall we call it? Each project is normally given a unique name.
• Project Description/Mission/Purpose: What is your project going to accomplish? How does this project relate to overall goals and objectives of the company? It is part of a program or larger project?
• Statement of Work: What will this project create? What is the product of the project? At a high level, how do you plan on doing the work of the project? What are the high-level deliverables for this project?
• Objectives: What objectives, if any, of the company is this project designed to meet?
• Business Need: Why should we do this project? What will be gained, changed, or modified? Is there a financial or business reason to do this project? This area should contain any feasibility studies, NPV, PI, PB, or PBD used to advance the project.
• Project Manager and Stakeholders: Who will lead this project? Who are the major stakeholders?
• Milestones: What are the key milestone dates associated with the project?
• Budget: What is the order-of-magnitude budget for this project?
• User Acceptance Criteria/Quality: What are the minimum success criteria as defined by the key stakeholders?
• High Level Assumptions: What are the assumptions on which the project is based?
• High Level Constraints: What are the major limiting factors that affect the project?
• Exclusions and Boundaries: What are the boundaries of the project? What is to be included and what is to be excluded from the project?
• Major Risks: What are the major risks affecting the project?
• Sociocultural Factors: Describes the issues pertinent to your project such as political issues, technical issues, ethical issues, and other sociocultural factors.