Please provide three reasons for using a charter to manage joint vehicle development by GM and Honda.

Three reasons using a charter is beneficial is for developil

Using a partner's platform, in this case GM$,$ will by Honda tifne to develop its own model.

$2.$ Identify at least five charter elements listed in Exhibit $3\mathrm{.}3$ of the textbook that will be critical for the development of a Project Charter. Why are these the most essential elements?

$3.$ Since GM and Honda are long$-$time competitors, identify three risks for the joint development of a new vehicle. Discuss how a Project Charter can be used to manage each risk.