can you please help me with developing a project Charter and project charter template for below project proposal? Thank you

Congratulations! Your project proposal has been approved,

and you are ready to move to the next steps of the governance process. The next step is to do a project charter; however, the PMO is new to the organization and did not have a project charter template. Therefore, you are expected to deliver two documents:

PART 1: Develop a project charter template

Each section of the template must have an instruction section to guide the project manager on each section's required information. These instructions will be placed under each section and usingthe italicblue font.

The template must be constructed to meet all quality and sections as per the PMBOK

PART 2: Develop a project charter for your approved project

Using the template you developed in part 1 of this assignment, you need to complete the project charter and ensure it is ready for governance approval. It must align with your project proposal, case study, and detailed analysis and information about the project.

You need to deliver the template as a separate document and the completed project charter as another document

Below is the project Proposal

ARQ Group Ltd PROJECT PROPOSAL
	PROJECT NAME	ARQ Group Ltd : Debt Reduction and Improve Working Capital Optimization
	EST. START DATE	13/2/2023	EST. FINISH DATE	20/5/2023
	PROJECT SPONSOR	ARQ Group Ltd	DEPARTMENT	Human Resources, Business Management and Finance - Accounting
	EXECUTIVE SUMMARY	ARQ Group Ltd is a well-established company in the industry and has been providing high-quality services to its customers for many years. However, in order to continue providing excellent services and to remain competitive, it is important to regularly review the company's strengths, weaknesses, opportunities, and threats (SWOT). This project aims to Reduce Debt and Working Capital. Thereby optimizing ARQ Group Ltd in order to identify its current position in the market and to identify areas for improvement.
	DESIRED OUTCOME	The desired outcome of this project is to - assist ARQ Group Ltd to make more informed decisions to reduce debt. The project will enable ARQ Group Ltd to explore ways to increase working capital ARQ Group Ltd can gain a competitive advantage by consolidating it's finances, improving operations and invest in new projects.
	ACTION TO COMPLETION	Review of existing company data and information Conducting internal audits and external market research to gather data Conducting meetings and interviews with key stakeholders within the company to assess opportunities and approve changes as they arise Compiling and analyzing data to identify ways to reduce debt Developing a report that summarizes the findings and provides recommendations for improvement
	BUSINESS VALUE AND BENEFITS OF PROJECT	Improved understanding of the company's current position in the market Improved decision-making processes Increased competitiveness Improved overall performance and efficiency The company's capacity to pay its debts quickly and maintain its long-term financial stability will be enhanced by lowering its debt burden and making the most of its working capital
	RISKS OF NOT DOING THE PROJECT	The risk of not doing this project is that the company may miss out opportunities to reduce it's current debts and liabilities while not being able to increase it's operations efficiency and invest in projects due to loss of working capital that could have accultured as a result of the successful implementation of the project.
	RISKS INVOLVED	Data accuracy and reliability Inability to successfully implement suggested practices/policies Resistance to change from stakeholders within the company Resistance to change from employees to implement the new practices Time and budget constraints
	PROJECTED MILESTONES with Dates	Review of existing company data and information : 13/2/2023 Conducting internal audits and external market research to gather data : 17/2/2023 Conducting meetings and interviews with key stakeholders within the : 21/2/2023 Compiling and analyzing data to identify ways to reduce debt : 28/2/2023 Developing a report that summarizes the findings and provides recommendations: 7/3/2023 Final review and approval of report: 20/5/2023
	PROJECTED SCHEDULE	The projected schedule for this project is 14 weeks. This timeline takes into account the need for internal and external research, as well as the time required for data analysis and report development. Internal Audit (28) External Market Research (28 Days) Compilation of data (14 Days) Recommendations consideration and plans to implement (14 days) Evaluation and feasibility check (3 Days) Stakeholder Negotiations (7 days) Drafting the report (3 days) Report presentation and Approval (1 day)
	PROJECTED BUDGET	The projected budget for this project is AUD 1 million. This budget includes the cost of conducting research, conducting interviews, and the development of the final report.
	PROJECTED TEAM AND RESOURCE REQUIREMENTS	The team required for this project includes: Project Manager Researcher(s) Data Analyst(s) Financial Analyst(s) Report Writer Resources required for this project include: - Access to company data and information - Software for data analysis - Budget for external research
	PROPOSAL MAY BE WITHDRAWN IF NOT ACCEPTED BY DATE OF	Key Stakeholder Interview on 20/05/2023
	ACCEPTANCE OF PROPOSAL
	AUTHORIZED CLIENT SIGNATURE		DATE OF ACCEPTANCE