After submitting the project charter for your project, you need to develop a detailed requirement and a WBS as part of your project scope planning.

You will need to submit an MS Word document that contains the following.

1- Project background and high-level scope statement.

2- Provide a list of detailed requirements that lists ALL project requirements.

3- Develop a minimum of three-level deliverable-based WBS for this project and map each requirement to a WBS package. However, you may need more to get to the work package level, especially for the Project Management Deliverables.

4- For each WBS item, you need to develop a WBS dictionary card (see the PPT slides for week 11 for an example)

• Note: Youneed to include project-management-related WBS work packages, as well as Product-related WBS work packages.

5- Based on the total WBS, I need to a cost estimate for the entire project and each second level.

Below is my Project Charter

Project Objectives	The primary objective of this project is to assist ARQ Group Ltd to make more informed decisions to reduce debt and improve working capital. This will enable ARQ Group Ltd to explore ways to increase working capital, gain a competitive advantage, consolidate its finances, improve operations, and invest in new projects.
Stakeholder Requirements:	The stakeholders for this project include the project sponsor, ARQ Group Ltd, as well as the internal and external personnel who are involved in the project. The requirements for their involvement will include providing access to data and information, helping to compile data, attending meetings and interviews, and providing input and feedback related to the project
Project Scope	This project will involve conducting an internal audit and external market research to gather data; conducting interviews with key stakeholders to assess opportunities and approve changes; compiling and analyzing data to identify ways to reduce debt; and developing a report to summarize the findings and provide recommendations for improvement.
Project Deliverables	The deliverables for this project include a report that summarizes the findings and provides recommendations for improvement.
Project Constraints:	The main constraints for this project are time and budget.
Assumptions	It is assumed that the data and information provided is accurate and reliable, and that all stakeholders are willing to cooperate and make changes as needed.
Project Risks	The risks involved in this project include data accuracy and reliability, the inability to successfully implement suggested practices/policies, and resistance to change from stakeholders and employees.
Project Schedule:	The projected schedule for this project is 14 weeks. This timeline takes into account the need for internal and external research, as well as the time required for data analysis and report development.
Project Budget	The projected budget for this project is AUD 1 million. This budget includes the cost of conducting research, conducting interviews, and the development of the final report.
Project Team and Resource Requirements:	The team required for this project includes a Project Manager, Researcher(s), Data Analyst(s), Financial Analyst(s), and Report Writer. The resources required for this project include access to company data and information, software for data analysis, and a budget for external research.
Project Communication Plan	The project team and stakeholders will communicate through weekly status meetings, e-mail updates, and other methods as needed.
Project Approvals	The project will require approval from the project sponsor, key stakeholders, and any other governing bodies as needed.