BUS605: Strategic Project Management

Many IT projects use certain terms or acronyms that may be unfamiliar to many people. Therefore, to reduce complexity and confusion, it may be useful to include a glossary giving the meaning of terms and acronyms, allowing all the project's stakeholders to use a common language. Figure 3.3 provides a template for a project charter. Feel free to adapt this template as needed.

Figure 3.3 Project Charter Template
Project Name or Identification
Project Stakeholders

• Names
• Titles or roles
• Phone numbers
• E-mail addresses

Project Description

• Background
• Description of the challenge or opportunity
• Overview of the desired impact

Measurable Organizational Value (MOV)

• Statement or table format

Project Scope

• What will be included in the scope of this project
• What will be considered outside the scope of this project

Project Schedule Summary

• Project start date
• Project end date
• Timeline of project phases and milestones
• Project reviews and review dates

Project Budget Summary

• Total project budget
• Budget broken down by phase

Quality Issues

• Specific quality requirements

Resources Required

• People
• Technology
• Facilities
• Other
• Resources to be provided
  • Resource
  • Name of resource provider
  • Date to be provided

Assumptions and Risks

• Assumptions used to develop estimates
• Key risks, probability of occurrence, and impact
• Constraints
• Dependencies on other projects or areas within or outside the organization
• Assessment project's impact on the organization
• Outstanding issues

Project Administration

• Communications plan
• Scope management plan
• Quality management plan
• Change management plan
• Human resources plan
• Implementation and project closure plan

Acceptance and Approval

• Names, signatures, and dates for approval

References
Terminology or Glossary
Appendices (as required)