Assume that you are employed by the Victorian State Government as a project manager to advice on a new $500 million power station project in Victoria. At present the project is an inception stage. During this stage every project does require preparing a Project Charter (PC) and followed by preparing the Project Management Plan (PMP) and Project Execution Plan (PEP). These are the formal documents required before commencement of this major project. a) What is the purpose of preparing the Project Charter? (5 marks) b) What are the key elements of a Project Chatter? (5 marks) c) What is Project Management Plan in this project? Briefly explain the need for this plan (2+3=5 marks ) d) What is Project Execution Plan in this project? Briefly explain the need for this plan. (2+3=5 marks ) Answer: Assume that you are employed by the Victorian State Government as a project manager to advice on a new $500 million power station project in Victoria. At present the project is an inception stage. During this stage every project does require preparing a Project Charter (PC) and followed by preparing the Project Management Plan (PMP) and Project Execution Plan (PEP). These are the formal documents required before commencement of this major project. a) What is the purpose of preparing the Project Charter? (5 marks) b) What are the key elements of a Project Chatter? (5 marks) c) What is Project Management Plan in this project? Briefly explain the need for this plan (2+3=5 marks ) d) What is Project Execution Plan in this project? Briefly explain the need for this plan. (2+3=5 marks )