This weeks assignment requires you to create a project charter as part of your Course Project. The Course Project can be any project that you choose to plan for this course. It does n
This week’s assignment requires you to create a project charter as part of your Course Project. The Course Project can be any project that you choose to plan for this course. It does not have to be a "real" project that you are going to conduct, but can be anything relevant to your professional experience that meets the assignment criteria throughout the remainder of the course. Review the remaining course assignments to ensure you have selected a project of sufficient scope for the assignments.
Refer to the attached assignment documents for assignment details, optional templates, and the grading rubric.
Instructions:
Create a project charter:
- Provide a written project description outlining what you are trying to accomplish.
- Include the information recommended by the course required readings.
- See the attached templates for additional details. You do not have to use these
exact templates. Add or remove sections based on the nature of your project.
Remember this is a high-level document to initiate your project. Specifics of project activities will be provided later.
Requirements:
• Submit a Word or Excel document.
Be sure to read the criteria by which your work will be evaluated before you write and again after you write.
Evaluation Rubric for Creating a Project Charter Assignment
Criteria Exemplary Proficient Needs Deficient Improvement
25 points
20 – 24 points
15 – 19 points
0 – 14 points
Project Description
Description provides complete details of the project.
Description provide project details; missing some minor element(s).
Description provides some project details; missing key elements.
Description is missing or inadequate.
50 points
40 – 49 points
30 – 39 points
0 – 29 points
Project Information
Well written and clearly organized providing all recommended elements.
Well written and clearly organized providing most recommended elements.
Provides some of the recommended elements.
Information is missing or does not address recommended elements.
25 points
20 – 24 points
15 – 19 points
0 – 14 points
Clear and Professional Writing
Writing and format are clear, professional, and error free.
Few errors that do not impede professional presentation.
Significant errors that do not impede professional presentation.
[removed],
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Doc Number |
XXXX |
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Version |
XX |
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Print Date |
11/1/02 |
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Page |
Page 1 of 1 |
Project Charter
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Project |
Project Name |
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Created By |
Your Name |
Date |
Creation Date |
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Phone |
Your Phone Number |
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Your Email |
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Mission |
Instructions:· You may also want to replace the Key Consulting logo with the project’s logo. · Not all the sections listed here may be needed on a particular project. There may also be items you need to include that are not included here. · Many of these items listed will be visited in more detail when you start planning. The objective of the charter is to document the information as it is known at the beginning of the project – not to get into the planning itself. · Delete the blue instruction text as you move through the form. · The mission, or goal, for the project should be documented in this row. What is the project ? |
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Objectives |
Why is it important to achieve the project mission? What do you hope to achieve by executing the project? |
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Deliverables |
What will the project actually produce? These should be measurable items. |
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Stakeholders |
Who will be on the team? Who is the project sponsor? What other stakeholders have already been identified? Include contact information if possible. |
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Roles and Responsibilities |
Are there some roles/responsibilities that need to be clarified now before the detailed planning begins? Are you clear on your responsibilities as the project manager? |
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High-Level Work Breakdown Structure |
How will the project being structured at a high-level? WBS is similar to an outline of a project. High-level WBS divides project scope into manageable chunks that a project team can understand. |
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Project Milestone |
List a reference point that marks a major event in a project |
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In-scope and out of scope |
Define the boundaries of a project. Document what will and will not be included in this project. |
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Assumptions |
What high-level assumptions have already been made about the project? |
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Communications |
What will be the main channels of communications? Do you anticipate any communication problems that should be clarified here? How often will the team meet? |
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Risks |
What are main high-level risks that have already been identified? |
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Documentation |
Where will project documentation be kept? How will it be kept up-to-date? |
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Boundaries |
Are there specific items that are NOT within the scope of the project? |
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Budget |
Include the total amount of money that is allocated for the project to use. |
Key Consulting Inc, 4848 Railroad Ave NE, Seattle, WA 98105 www.consulting.ky (206) 523-1927 Ver 3.1 (Copyright 2003
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Project Charter Template
| PROJECT CHARTER TEMPLATE | |||||
| GENERAL PROJECT INFORMATION | |||||
| PROJECT NAME | |||||
| PROJECT SPONSOR | |||||
| PROJECT MANAGER | |||||
| EMAIL ADDRESS | |||||
| PHONE NUMBER | |||||
| ORGANIZATIONAL UNIT | |||||
| PROCESS IMPACTED | |||||
| EXPECTED START DATE | |||||
| EXPECTED COMPLETION DATE | |||||
| EXPECTED SAVINGS | $0 | ||||
| ESTIMATED COSTS | $0 | ||||
| GREEN BELTS ASSIGNED | |||||
| BLACK BELTS ASSIGNED | |||||
| DESCRIBE THE PROBLEM OR ISSUE, GOALS, OBJECTIVES, AND DELIVERABLES OF THIS PROJECT | |||||
| PROBLEM OR ISSUE | |||||
| PURPOSE OF PROJECT | |||||
| BUSINESS CASE | |||||
| GOALS / METRICS | |||||
| EXPECTED DELIVERABLES | |||||
| DEFINE THE PROJECT SCOPE AND SCHEDULE | |||||
| WITHIN SCOPE | |||||
| OUTSIDE OF SCOPE | |||||
| TENTATIVE SCHEDULE | KEY MILESTONE | START | COMPLETE | ||
| Form Project Team / Preliminary Review / Scope | |||||
| Finalize Project Plan / Charter / Kick Off | |||||
| Define Phase | |||||
| Measurement Phase | |||||
| Analysis Phase | |||||
| Improvement Phase | |||||
| Control Phase | |||||
| Project Summary Report and Close Out | |||||
| DEFINE THE PROJECT RESOURCES AND COSTS | |||||
| PROJECT TEAM | |||||
| SUPPORT RESOURCES | |||||
| SPECIAL NEEDS | |||||
| COST TYPE | VENDOR / LABOR NAMES | RATE | QTY | AMOUNT | |
| LABOR | $0 | ||||
| LABOR | $0 | ||||
| LABOR | $0 | ||||
| LABOR | $0 | ||||
| LABOR | $0 | ||||
| MISCELLANEOUS | $0 | ||||
| TOTAL COSTS | $0 | ||||
| DEFINE THE PROJECT BENEFITS AND CUSTOMERS | |||||
| PROCESS OWNER | |||||
| KEY STAKEHOLDERS | |||||
| FINAL CUSTOMER | |||||
| EXPECTED BENEFITS | |||||
| TYPE OF BENEFIT | DESCRIBE BASIS OF ESTIMATE | EST BENEFIT | |||
| SPECIFIC COST SAVINGS | |||||
| ENHANCED REVENUES | |||||
| HIGHER PRODUCTIVITY (SOFT) | |||||
| IMPROVED COMPLIANCE | |||||
| BETTER DECISION MAKING | |||||
| LESS MAINTENANCE | |||||
| OTHER COSTS AVOIDED | |||||
| $0 | |||||
| DESCRIBE PROJECT RISKS, CONSTRAINTS, AND ASSUMPTIONS | |||||
| RISKS | |||||
| CONSTRAINTS | |||||
| ASSUMPTIONS | |||||
| Prepared by: | Date: | ||||
IMPORTANT REMINDER A narrative written charter must be circulated and signed by the project sponsors. You can attach a completed version of this template to your narrative written charter in an effort to keep it short and concise. Please make sure you meet with the project team and sponsors before completing this template. Much of the information required will need to come from a discussion with team members and sponsors.
– Disclaimer –
| Any articles, templates, or information provided by Smartsheet on the website are for reference only. While we strive to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, articles, templates, or related graphics contained on the website. Any reliance you place on such information is therefore strictly at your own risk. |
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6
Project Management Terms and Concepts
Post University
Professor: Dr. Kathy Milhauser
Introduction
Project management involves a process that leads a team to achieve a project's goals and objectives. It is the use of particular techniques, tools, skills, and knowledge in delivering a valuable aspect to the customers. Implementation of a project entails numerous stakeholders with respective roles to play in successfully completing the process. It also encompasses risks that affect the outcome of the implementation process. The impact risk factors might have on the process heavily relies on the techniques the project management will decide to utilize.
The Project Overview
The article chosen is about the project that Samsung recently unveiled. The project involves the construction of Samsung's first semiconductor fabrication facility in Taylor, Texas. The facility, which is intended to be located near Austin, Texas, is estimated to amount to a budget of $17 billion. It was set to begin this year and be completed by 2024 (The Guardian, 2021). The project cost estimation covers the buildings, machinery and equipment, and property improvement. Once completed, the project is said to be the substantial leading investment of the South Korean project in the United States. Samsung has operated a chip manufacturing entity in Austin since the late 1990s and has consistently shown its need to advance its chip operations within the country to curb stiff competition offered by larger entities like Apple, Google, and Amazon located within the geographical region. The company aims to take advantage of its technical experience to earn a significant share in the market of chip manufacturers globally. It is one of the leading technology-based organizations globally that drives the global market's largest share.
Components of the Project
The Project Qualification
In essence, a project is termed to be a project if it is a temporary endeavor and the entity responsible undertakes it for the creation of a unique product or service intending to solve a problem in the market. The first qualification that qualifies for the Samsung project is its satisfying qualities in a set of requirements. Following the rapid increase of chips' demand across the globe as technology continues to advance and expand, the company intends to fill the gap of needing more products to satisfy the market needs. Another qualification trait is its sequenced schedule of activities (San Cristóbal et al., 2018). Samsung has highlighted the sequence of when and how different tasks will be carried out within a certain period. The project also has a well-stated scope, time, and cost estimate that defines its starting and completion points.
Project Objectives
The company's objective with the project is to diversify its manufacturing operations globally geographically. Currently, the company is known for its diversified products and services it supplies to the marketplace. It aims at widening the range of its products and services by venturing into different industries to earn its market share, with the chip industry being one of its targets.
Role of Managers, Sponsors, and Team Members
The company's project manager is responsible for controlling the development and production of the facility's deliverables. He is assigned the role of managing, planning, and monitoring the project's implementation process until its completion is achieved. Project sponsors are responsible for financing the project's operations and activities and supporting its implementation process. On the other hand, project team members are obligated to contribute to the project's overall objectives (San Cristóbal et al., 2018). Their role is to ensure they successfully complete their respective deliverables and provide their expertise based on the area of their specialization.
Project Scope
The company also states the project scope clearly in its project planning management. It intends to continue with its objective of diversifying its products and services in various industries. The primary goal is to increase its revenue share and wealth from a wide range of customer bases it obtained in various industries. Also, the project is estimated to cost about $17 billion by the end of its completion (The Guardian, 2021). It is set to begin in 2022 and to have been completed or in operation by 2024, taking a duration period of approximately two years.
Project Risks/Uncertainty and Outcome
The company's project is more likely to encounter numerous risks and uncertainty connected to its development in the United States. Most importantly, following the concerns of chips being a serious threat to the United States national security, the project may encounter stiff restrictions that will hinder its implementation process. Also, uncertainties such as the recent covid-19 pandemic may cause a barrier to its implementation process and also its future operations once it is completed. Once the project is completed, the outcome will boost the production of hi-tech chips, especially for mobile communication of 5G. The outcome will also enhance advanced computing processes and artificial intelligence. The project will help improve supply chain resilience, especially in the highly competitive environment of advanced technology and innovative strategies.
Conclusion and Lesson Learned
In conclusion, project management involves complex activities that are meant to guide a project implementation process from its starting point to its completion. A project is not a project until it attains certain requirements that give it meaning. For instance, the project to be undertaken by Samsung in the United States has defined deliverables such as the budget report, progress report, scope, and time and tasks schedule, which qualify it as a project. Project management is a process that involves planning, executing, and monitoring the process of project implementation to completion.
References
San Cristóbal, J. R., Carral, L., Diaz, E., Fraguela, J. A., & Iglesias, G. (2018). Complexity and project management: A general overview. Complexity, 2018.
The Guardian. (2021). Samsung to build $17bn semiconductor factory in Texas. Retrieved from;
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