Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Project Charter: Homemade Bakery I need help to develop a project charter, doesn't have to be real, view the link below https://bakeryinfo.co.uk/news/how-has-covid-19-changed-the-bakery-market/646074.article https://www.magazinebbm.com/english/covid-19-crisis-impact-on-european-bakery-markets/.html 1.1Introduction 1.2Major

Project Charter: Homemade Bakery

I need help to develop a project charter, doesn't have to be real, view the link below

https://bakeryinfo.co.uk/news/how-has-covid-19-changed-the-bakery-market/646074.article https://www.magazinebbm.com/english/covid-19-crisis-impact-on-european-bakery-markets/.html

1.1Introduction

1.2Major Stakeholders

1.3Document Purpose

2.1Required End State

Regardless of whether you use this term or a term like "success criteria", the theory is the same. Outline what it is that will establish that the project will be a success. At this time of the project these are likely to be very high level - another reason that I prefer to describe the end state rather than state specific criteria. There is nothing wrong with that as long as there is enough specificity to be meaningful. For example, if you are looking to lower production costs defined by bottom-line dollars, then you may be able to describe an end state along the lines of "once all changes implemented as part of this initiative are fully operational, overall production costs should have been reduced by between 5 and 8%".

2.2Project Scope

2.2.1Change Management:

During the course of the project, there will be a number of requests to modify the scope that is agreed to in this charter. This is an important function to ensure that what is finally delivered is the best solution to meet the required end state. Change management is not intended to prevent these changes from occurring, rather it will ensure that the changes proposed are the correct ones and that the impact of the change is understood and allowed for.

The change management process will:

  • Provide an overview of the requested change
  • Provide an explanation of the reason for the request
  • Include an analysis of the impact of the change (time, cost and other)
  • Include a recommendation to the major stakeholders for the course of action that should be taken

3Assumptions:

In order to facilitate the planning of this project, it is necessary to make a number of assumptions. In all cases, these assumptions are based on the knowledge of the stakeholders engaged in the development of the project charter. In some cases, these assumptions will need to remain throughout the duration of the project, but it should be expected that the majority will be validated or adjusted during the detailed planning and execution phases. This is something that the project manager should control as part of the project plans and/or action logs with assigned owners and completion dates.

4Constraints:

The strategic priorities, organizational structure, and environmental factors will impose constraints on this project. The following list of items have been identified as limiting factors on the project that cannot be subject to change

  • a simple bullet point list is sufficient as long as the list is clear and concise.

5Risks:

During the detailed planning stages of the project, a comprehensive risk identification, analysis, and management exercise should be undertaken. It is important to involve the project teams in this exercise as they will have the best views of the risks, mitigation, and contingency.

However, the major stakeholders that help define the charter will have a view of some strategic risks that need to be addressed. At this point, it is sufficient to list the risks and includes the mitigation and contingency as part of the risk exercise with the team.

  • Keep risks here as high-level, strategic risks such as regulatory, company-wide, competitive, etc.

6Communication Strategy:

Communication is critical to the success of every project. Whether the project is small and self-contained or affects every staff member, communication is vital to success. If you are also including third-party partners or customers in the project as well, then the importance of communication becomes even more critical.

7Project Schedule:

In project management, a schedule is a listing of a project's milestones, activities, and deliverables, usually with intended start and finish dates. ... A schedule is commonly used in the project planning and project portfolio management parts of project management.

8Project Budget

A project budget is the total sum of money allocated for the particular purpose of the project for a specific period of time. The goal of budget management is to control project costs within the approved budget and deliver the expected project goals.

9Roles & Responsibilities

Link:

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Matching Supply with Demand An Introduction to Operations Management

Authors: Gerard Cachon, Christian Terwiesch

3rd edition

73525200, 978-0073525204

More Books

Students also viewed these General Management questions