Assignment Objective

Your task involves selecting a project from the provided options and crafting a Project Charter tailored to it$.$ This exercise allows for creative freedom, as you will be constructing a scenario for a hypothetical company. Therefore, aspects like dates, budgets, and personnel are to be fictional.

Continuity Note: The project you pick for this assignment will be the basis for subsequent assignments.

Charter Guidelines

Flexibility in Format: There is no fixed template for this assignment, reflecting the diverse nature of charters. You may opt to use an online template $($ensuring to clear any pre$-$existing content$)$ or design your own.

Charter Components: Your charter should comprehensively cover the following:

All $12$ standard sections of a Project Charter.

Project overview and description.

Purpose and justification.

Objectives and criteria for success.

High$-$level requirements.

Assumptions and constraints.

Potential risks.

Milestone schedule.

Budget overview.

Stakeholder information.

Approval requirements.

Details on the project manager's role and authority.

Sponsor's role and authority level.

Project Options $($Choose One$)$

Financial Services Firm: Implement a software upgrade for the call system used by $250$ client service representatives.

Retail Expansion: Establish a new store to broaden market reach and customer service.

Luxury Home Renovation: Undertake a comprehensive renovation project for a lavish mansion.

E$-$commerce Web Development: Design and launch a novel online shopping platform.

Custom Project: Propose a unique project, subject to approval by the professor.

Additional Notes

For the custom project option, ensure to discuss and get approval from the professor before proceeding.

The chosen project should reflect a realistic and detailed business scenario, even though the setting is fictitious.

This assignment is an opportunity to blend creativity with practical project management principles, setting a foundation for future project$-$based assignments.

Project Charter Template $($example$)$

Project Title and Description

Title: $[$Project Name$]$

Description: Briefly describe the project's purpose and scope.

Purpose and Justification

Detail the reasons for undertaking the project and the problems or opportunities it addresses.

Objectives and Success Criteria

List the specific objectives of the project.

Define what success looks like for this project.

High$-$Level Requirements

Outline the key requirements and deliverables of the project.

Project Scope

Define the boundaries of the project, including what is and isn't included.

Assumptions and Constraints

List any assumptions made during the planning phase.

Identify constraints $($budget$,$ time, resources, etc.$).$

Risks

Identify potential risks and challenges, along with mitigation strategies.

Milestone Schedule

Provide a high$-$level timeline with key milestones and dates.

Budget Summary

Present an overview of the project budget, including major cost areas.

Stakeholder List

Identify the main stakeholders, their roles, and interests in the project.

Approval Requirements

Specify what approvals are needed and by whom throughout the project.

Project Organization

Project Manager Role and Authority: Describe the PM$\text{'}$s responsibilities and level of authority.

Sponsor and Authority Level: Detail the sponsor's role and their level of decision$-$making power.

Appendices and Supporting Documents

Include any additional documents or data supporting the charter.