PROJECT CHARTERASSIGNMENT ASSIGNMENT In this assignment, start the process of building your own dream home {this is a theme that we will carry on throughout this course]I why a dream home? A dream home is a concept that we can all relate to and it has all of the elements of a project according to the PMBOKE Guide:='A project is a temporary endeavor undertaken to create a unique product, service, or resuit'. ASSIGNMENT PURPOSE In this assignment you will create your dream home's project charter. According to the PMBOK Guide: A project charter is a document issued by the project initiator or sponsor that formaiiy authorizes the existence of a project and provides the project manager with the authority to apply organizationai resources to project activities. ASSIGNMENT LEARNING OBJECTIVES Your personal learning objectives forthis assignment are to: 0 Develop an understanding of how a project charter is used within a project environment. 0 Demonstrate a practical understanding of the information content needed within a project charter. 0 Describe a project using project management terminology, concepts and industry best practices as outlined in the Glossary of Terms section of this assignment. "Dream Home Charter\" Background In this assignment you will demonstrate appropriate information content for a project charter. Information provided to you is limited you are expected to 'make up\" information where gaps exist in the provided information, and present what information you feel would be appropriate to complete the assignment. (Note: You are not expected to be an expert in house design, and you will not be assessed on the accuracy of the information provided only on the appropriate demonstration of PM terms and concepts.) Dream Home Details 0 For this project, you take on the role of the project sponsor {homeowner} to create a project charter to define your dream home. 0 The bank has approved you for a loan of [a lot of money] to build your dream home wherever you would like to build one. I The work on the project can be divided up into several main areas: 0 1] Landscaping (excavation, foundation, grading, driveway]; 2] House Construction {frame, roof, siding}; 3] Inside Work (floors, ceilings); 4] Infrastructure (electrical, plumbing and mechanical}; 5] Management (management activities]; and 6] Other (inspections and milestones). 00000 With this minimal, highlevel information, you can now begin the journey to your dream home by defining the project charter. GRADING RUBRIC For this assignment, use the following project charter template and be aware that each section has grades assigned to it. 4-__;:_._ --__.:.___.__ |-_._I. will have on the overall project planning process. 12] Project Stakeholders: Identify three project stakeholders who would be appropriate for a project of this nature. Consider the following types of information when describing your stakeholders: - Identify stakeholders by their title or role [not by names]. 0 How do they contribute to the project? 0 What are their needs and expectations for this project? Key to the stakeholder section is to consider what information the project manager would need to know about these stakeholders to be able to proceed with the planning of this project. It is important that you only provide examples of stakeholder information that would be useful and benecial in the project planning stage. 13] Project Manager Responsibilities and Authority Level: In this section, you need to define the following: 0 Identify who the project manager will be for this project; 0 What the main responsibilities ofthe project manager are; and o What authority has been assigned to the project manager to carry out their responsibilities? 14] Known Problems, Anticipated Issues, and Potential Risks: Identify an example of each term {the terms do not all mean the same thing). Ensure that you clearly indicate which ofyour examples you consider to be problems, issues or risks you will be evaluated on your understanding of these terms. 15] Payment Schedule [or high-level summary budget}: Develop a spending framework for the project that conveys the project sponsosz funding priorities. Keep in mind that this is a high-level payment schedule, which is not to the same as the detailed cost allocation found in the project plan budget. Your summary budget should be in table format and should convey how much the project's sponsor is willing to pay per deliverable andfor milestone achieved. 4