BCO7003 Analytics Project Management Solution

3Project Charter

Project name: Easy Manage
Projected start date: 09-08-2004
Projected end date: 10-08-2017
Project manager: JONAS SMITH
Purpose of This Project Charter

Enhancing the Functioning, increasing the revenue and Welfare of the people of the society

Project Summary

The project will highlight the key factors of the management of the company such as benefits, deliveries, strategies and schedules. The project emphasised on what we plan to achieve and our goals.

Potential Benefits

The potential benefit of the project revolves around the clear and organised plans to improve team collaboration. It defines everyone’s role to eliminates confusion. Moreover, well-defined goals improve team effectiveness. The project defines a communication plan to keep our team aligned and focused. Finally, our project management tools help increase efficiency.

Project Requirements

The project requirements focus on well planned strategy in execution of the plan and enhancement of revenue. Some other requirements of the project are combined approval, proper funding and support from the staff. Also, it focuses of the welfare of the society with advanced operative efficiency.

Major Deliverables

The major deliverables could include:

  • Scope
  • Producing Prototypes
  • Time
  • Work breakdown Structure
  • Cost
  • Obtaining patents and funding’s
  • Quality
  • User observations
  • Quantity
  • Proper recruitment
Brief Schedule

The brief schedule shows the project task, phases and the milestones to be covered.

Entry TypeDescription
Scope planningSpecifying the in-scope requirements for the project to facilitate creating the work breakdown structure
Preparation of the work breakdown structureSpelling out the breakdown of the project into tasks and sub-tasks
Project schedule developmentListing the entire schedule of the activities and detailing their sequence of implementation
Resource planningIndicating who will do what work, at which time, and if any special skills are needed to accomplish the project tasks
Budget planningSpecifying the budgeted cost to be incurred at the completion of the project
Procurement planningFocusing on vendors outside your company and subcontracting
Risk managementPlanning for possible risks and considering optional contingency plans and mitigation strategies
Quality planningAssessing quality criteria to be used for the project designing the communication strategy with all project stakeholders
Communication planningDesigning the communication strategy with all project stakeholders
  
5 Phases 
Initiation PhaseBeginning of any project. New idea is elaborated and explored. Idea is provided with necessary approval and funding.
Planning phaseThe planning phase is where the project solution is further developed in as much detail as possible and the steps necessary to meet the project’s objective are planned
Implementation phaseThe implementation phase, the project plan is put into motion and the work of the project is performed.
Controlling and monitoring PhaseInvolves active evaluation of the progress of the project and the outcomes received by implementing the project.
Closing phaseClosing phase is on releasing the final deliverables to the customer, handing over project documentation to the business, terminating supplier contracts, releasing project resources, and communicating the closure of the project to all stakeholders.
  
5 milestones: 
Approval and review checkpointsProviding a basis for evaluation and analysis of the strategy implemented.
Revenues generation.The process followed by an organization for marketing and selling of services and products for some profit.
Customer satisfactionDefined as a measure to access if product or service meets the customer’s expectations.
Risk minimisationReducing the impact or even the probability of risk in a project to zero.
Procurement of resourcesAct of obtaining and sourcing of goods for the project
Duration
PhaseDateDuration
Initiation Phase5th May 2004 – 5th August 20044 months
   
Planning phase:10th Aug 2004 – 11th Sept 20051 year and 31 days
   
Implementation phase:11th Sept 2005 – 30th Sept 2017 12 Years and 19days
   
Controlling and Monitoring Phase Sept 2005 – Sept 201712 years
   
Closing phase:1st Nov 2017 – 10th Nov 201710days
Key costs
Cost Item and DescriptionAmount (AUD)
Initiation Phase$500
Planning Phase                      $5000
Implementation Phase$3500
Controlling and monitoring Phase$1500
Closing Phase$7500
  

Total Cost: EIGHTEEN THOUSAND DOLLARS

Execution and Date

Executed as an agreement.

Date: 10-08-2017

Project Manager: JONAS SMITH

Client Representative: Jane Smith, ADRIANA JONES

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