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Assignment 1: Creating a Project Charter For Assignment 2. create a charter for the City of Toronto's cultural heritage project. The Charter serves the key role of providing a high level description of the project, its benefits for the City, and commitment of resources (monetary and staff time) for carrying out the project. This commitment of resources positions the charter as a type of "internal contract" documenting the formal participation of commitment of resources by the various stakeholders (City management and participating stakeholders). The charter, therefore, is not just a summary of the project but it should persuade upper management that the project is good for the organization and that It's worth the commitment of the required resources, which is release of a sufficient amount of budget. Please note that there is not a single prescribed format for a project Charter, but the general rule is that it Is a high-level document- oncise and aimed at senior management, not technical staff. At a minimum, the Charter should include the following topics: Name of project Summary of project background and purpose Project stakeholders and organization: Identify the City sponsor, Departmental participants, and project team organization. A project organization chart is a good way to present this. Business case and main benefits: A concise identification of benefits that the City and general public will get from the project results. There is no need to provide a lot of detail, but this is an opportunity to "make the case" for the allocation of resources (time and money) for this project. A bullet point list is a good way to identify specific benefits. Anticipated Timing: This is a brief summary of the timing (dates) for key milestones. A detailed schedule for project tasks should NOT be Included here. Project budget: This is just a statement of the project cost range in dollars-for contracted services Don't worry about coming up with a detailed budget-we will do that in later modules. Just assume that a related previous project has already been made and that the number is between $100,000 and $200,000. Formal sign-off: Identification of key senior management from the City that are formally committing resources for the project. In addition to the main sponsor and Departmental participants, it is not a bad idea to include City leadership (e.g., City Manager). The Charter should have actual signature blocks for senior management. The Assignment #2 submittal should be about 500 to 1500 words in length. As is the case for all written assignments, the word count is a target to give you an idea about the level of detail expected. As a general rule, it is best to keep it concise and as brief as possible while still covering the necessary topics. No points will be deducted for submittals if they exceed the maximum word count by a small amount. You can research online for having a template for the project charter. But please mention the source in the reference section. You can include other information in the Charter but remember to keep in concise, high-level, and to avoid technical detail. it is strongly recommended to make reference to any Important external sources or documents that has been used for making this charter. Your assignment will be evaluated based on these following criteria 1. Understanding of major concepts 2. Understanding of process and input requirements 3. Ability to connect concepts in real life example 4. Understanding of process and outputs 5. Writing skill