make and Develop a Project Charter, (use a template from another class or PMI Links to an external site.) after reading the scenario below:

The Project Management Institute (PMI) defines a project charter as "a document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities."

The Top Investment Company (TIC) has selected a project and wants to understand how a project charter can help further define and authorize the project. The company has decided to go forward with the kiosk project and build electronic investor kiosks in major malls through-out the United States.

You are mentoring Jim Thoroughgood, Project Manager, through the process of creating the project charter. TIC expects the project to deliver most of the standard items for a new investment program, but this project has a twist: TIC is an investment company, not a construction company, and the project involves the construction of kiosk Structures.

The project also involves electronic innovation-specifically, easy computerized menus for kiosk users. So, you will need a software application with an easy-to-use graphical user interface (GUI), a finished kiosk structure, the investment program you will try to sell, advertisements for the program, and other items for a successful new product. Martha Pena, your sponsor, has asked that the first kiosk be in place within nine months, and the budget for initial implementation of 25 kiosks should be no more than $5 million. She says the company doesn't expect anything glitzy-just something efficient and attractive to the average investor.

Jim Thoroughgood has been assigned as project manager, and you will be mentoring him on the project. Your first task: help Jim make a project charter. Use your knowledge from the professor lesson and additional videos and the information about the kiosk project to help Jim answer the following questions:

1. Describe the product and services of the project. Make this in your own idea, and don't hesitate to add some of your own thoughts to this description.
2. What are the main goals and objectives of this project? Again, don't hesitate to add some things you know need to be included that might not be included in the scenario description. Include some assumptions and constraints that the project might have.
3. What are the main, high-level project deliverables?
4. List the responsibility and authority Jim Thoroughgood would require to succeed.
5. Is it a good idea to have the project manager's responsibility and authority written in this project charter? Why?
6. What are the resource and cost estimates? Can you list some major milestones and when they might occur?
7. Who needs to sign the charter and to whom should the charter given ?