Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Project Charter Project Name: New Product Launch Project Manager: Stefney Christian Date: 9/25/2023 Scope Overview The goal of this project is to launch a new

Project Charter

Project Name:New Product Launch

Project Manager:Stefney Christian

Date:9/25/2023

Scope Overview

The goal of this project is to launch a new product to market. The project will involve the following deliverables:

  • Product development
  • Product testing
  • Marketing campaign
  • Sales launch

Business Case - Objective

The launch of this new product is important to the company because it will help us to expand our market share and increase our revenue. The product is innovative and meets the needs of our target customers.

Milestone Schedule

Milestone

Completion Date

Stakeholder Judge

Product development complete

2023-10-01

Product Manager

Product testing complete

2023-11-01

Quality Assurance Manager

Marketing campaign launched

2023-12-01

Marketing Manager

Product sales launched

2024-01-01

Sales Manager

Major Risks

Project Risks

Risk Owner

Response Plans

Product development delays

Product Manager

Develop a contingency plan to mitigate the impact of any delays.

Product quality issues

Quality Assurance Manager

Implement a rigorous quality testing process.

Marketing campaign not effective

Marketing Manager

Conduct market research to ensure that the marketing campaign is targeted to the right audience.

Sales goals not met

Sales Manager

Develop a sales plan that includes realistic goals and objectives.

Resources Needed

Resources

Quantity

Cost

Personnel

1 Product Manager, 1 Quality Assurance Manager, 1 Marketing Manager, 1 Sales Manager, 5 Engineers, 5 Marketing Specialists, 5 Sales Representatives

$1 million

Equipment

Testing equipment, marketing software, sales software

$200,000

Other

Marketing materials, travel expenses, etc.

$100,000

Stakeholder List

Stakeholders

Interest in Project

Product Manager

Responsible for the development and launch of the product.

Quality Assurance Manager

Responsible for ensuring the quality of the product.

Marketing Manager

Responsible for developing and executing the marketing campaign.

Sales Manager

Responsible for developing and executing the sales plan.

Engineers

Responsible for developing the product.

Marketing Specialists

Responsible for executing the marketing campaign.

Sales Representatives

Responsible for selling the product.

Customers

Will be using the product.

Team Operating Principles

  • Deadlines will be met.
  • Meetings will be productive and efficient.
  • Decisions will be made in a timely manner.
  • Participants will treat each other with respect.

Lessons Learned

  • From previous product launches, we have learned that it is important to have a clear and concise project charter.
  • It is also important to have a well-defined communication plan and to keep stakeholders updated on the progress of the project.
  • Finally, it is important to be flexible and to be prepared to adapt to changes as they occur.

Signatures and Commitment

Project Sponsor:[Peter Valley]

Project Manager:Stefney Christian

Core Project Team Members:

  • Sierra Gregg
  • Chase Kreider
  • Tabetha Carbaugh

Conclusion

This project charter provides an overview of the project scope, business case, milestone schedule, major risks, resources needed, stakeholder list, team operating principles, lessons learned, and signatures and commitment. It is an important document that will help to ensure the success of the project.

Based on information above answer the following questions.

Introduction

The Introduction provides a high-level overview of the project and what is included in this Project Management Plan. This should include a high-level description of the project and describe the project deliverables and benefits. This section should provide a summarized framework of the project and its purpose. Look back at the Project Charter for information to include in this section.

Project Scope

State the scope of the project in this section. The scope statement from the project charter should be used as a starting point; however, the project plan may include a more detailed scope than the charter. This detail should include what the project does and does not include. This will help to clarify what is included in the project and help to avoid any confusion from project team members and stakeholders.

Milestone List

Provide a summary list of milestones including dates for each milestone. Include an introductory paragraph in this section which provides some insight to the major milestones. This section should also mention or discuss actions taken if any changes to the milestones or delivery dates are required. To add more rows to the chart below or to delete, right click and select "insert - rows below" or "delete cells."

Milestone Description Completion Date Stakeholder Judge

Work Breakdown Structure

The WBS provides the work packages to be performed for the completion of the project.

Work Breakdown Structure

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_2

Step: 3

blur-text-image_3

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

Supply Chain Logistics Management

Authors: Donald Bowersox, David Closs, M. Bixby Cooper

5th Edition

1260547825, 978-1260547825

More Books

Students also viewed these General Management questions

Question

8. What values do you want others to associate you with?

Answered: 1 week ago