$***$ Individual Assignment.

A Project Charter is a

formal document that delineates the objectives, scope, and stakeholders of a

project. It functions as a formal authorization for the project manager to

continue with the project and delineates the primary objectives, positions, and

responsibilities of the project team$1.$ Typical components of a Project Charter

include the following:

Requirements:

Formulate your own business project charter.

$$ Project Purpose: Describes the necessity of the

project and the issue it seeks to resolve.

$$ Objectives and Success Criteria: This section lists

the project's objectives and the criteria that will be used to evaluate

success.

$$ Scope: Establishes the project's inclusions and

exclusions.

$$ Budget: Provides a comprehensive account of the financial

resources that have been allocated to the undertaking.

$$ Schedule: Offers an approximate timeline for project

completion.

$$ Stakeholders: Identifies all stakeholders involved in

the endeavor and their interests.

$$ Risk: Describes the potential hazards and challenges that

the endeavor may encounter.

Deliverable: word document includes Gantt chart $($you

can create Gantt Chart in MS excel$).$

Maximum word $1500(4$ Pages.