WHAT IS PROJECT CHARTER

A PROJECT CHARTER IS TOOL TO DEFINE THE NEED OF A PROJECT UPFRONT. IT IS USED TO DEFINE THE FOCUS, SCOPE DIRECTION AND MOTIVATION FOR A TEAM SCOPE

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IT HAS SIX ELEMENTS: 1. BUSINESS CASE 2. PROBLEM STATEMENT 3. GOAL STATEMENT 4. PROJECT SCOPE 5. PROJECT TEAM CHARTER 6. MILESTONE

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BUSINESS CASE Business case presents the reason for a particular project. It is a citation written for any project to get management's approval.

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PROBLEM STATEMENT Problem statement explains the magnitude of the problem. In business case, there could be several issue highlighted. A single problem statement can help define the scope of the project.

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GOAL STATEMENT This define the expected result from the project in defined timeliness. A goal statement should be smart: S: Specific M: Measurement A: Attainable R: Relevant T: Timebound

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PROJECT SCOPE Scoping the project is important. Correct scoping can make or break the project

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PROJECT TEAM CHARTER For the success of a project, It is important to define a correct team in the beginning.

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MILESTONE This defines timeliness for different phases of the LSS project.

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