Question

In: Operations Management

You have been appointed as the Project Manager for a New Product Launch Project by your...

You have been appointed as the Project Manager for a New Product Launch Project by your company. You must prepare a set of documents for the project kick-off meeting coming up next month.

Task 1:

Prepare a Project Charter for the New Product Launch Project (according to the choice of your product as explained above).

Please use the Project Charter template given below

Name of the Project

Background
[Why is the project being undertaken? Describe an opportunity or problem that the project is to address.]

Goals

  • [specific & measurable goal 1]
  • [specific & measurable goal 2]
  • [specific & measurable goal 3]

Scope
[What will be the end result of the project? Describe what phases of work will be undertaken. It’s also important to mention what activities will not be included in this project.]

Key Stakeholders

Client       

[name]

Sponsor

[name]

Project manager

[name]

Project team members

[name], [name], [name], [name].


Project Milestones
[Identify the significant project milestones: start date, end date and invoicing dates to the client.]

Project Budget
[Describe the main project expenses: non-recurring & monthly recurring.]

Constraints, Assumptions, Risks and Dependencies

Constraints     

[Describe here potential factors that will impact the delivery of the project]

Assumptions

[Describe here conditions or situations that you are relying on in order to achieve project goals]

Risks and Dependencies

[What are the most significant risks? What things must happen before the project is delivered?]

Solutions

Expert Solution

ANS:

Name of the Project: Construction of 100 nos. Duplex House

Background
[Why is the project being undertaken? Describe an opportunity or problem that the project is to address.]

This is the special type Project which is having a deadline and a Budget provision.

This Construction Project is going to provide a lots of Job Oppurtunity to the workers and Engineers.

This Project when completed will provide 100 very needy family to these Duplex Houses.
Goals

  • Job Oppurtunity in this competetive market,
  • Specific Ownership of the Architectural Beauty and provision of Environmental Sustainability,
  • Ultimate goal is to provide the House to those needy families who are struggling.

Scope

  • Main provision of the project is the proper Cost-Benefit ratio,
  • This Project will execute in the next month after clearance of Structural and Architectural drawings,
  • This project will finish by 24 months time,
  • Main goal is to complete all excavation before monsoon period.
  • Main thing needs to be included is the Safety clearance from Govt.


Key Stakeholders

Client       

X

Sponsor

[XX]

Project manager

[Mr.XXX]

Project team members

(Engineers, Managers,Store Keepers,Surveyors)

[Mr.X], [Mr.Y], [Mr.Z], etc.


Project Milestones

  • Start Date- 20-05-2020,
  • Finish Date-19-05-2022
  • Invoicing to Client- Every Month by 5th. till end date,
  • Final Invoice: One month After completion of the Project i.e. by 19-06-2022


Project Budget:

  • About X M $,
  • Non-recurring expenses: Cost of Plant & Machinery, Purchasing cost of any Product,
  • Recurring Expenses: Staff Salary, Wages, Maintenance cost of Machines, All running cost.


Constraints, Assumptions, Risks and Dependencies

Constraints     

  1. Environmental Hazards,
  2. Fund problems,
  3. Labour problems and strikes,
  4. Weather effect,
  5. Storm effect,
  6. Price hike/Escalation of Materials and equipments,
  7. Accidents,
  8. Timely delivery of Drawings

Assumptions

  • Constant resources flow of Manpower,
  • Constant flow of Materials,
  • Easy working environment,
  • Smooth flow of drawings,
  • Easy flow of Funds

Risks and Dependencies

Risks:

  1. Labour crisis,
  2. Fund crisis,
  3. Safety Hazards,
  4. Structural issues,

Must happen before the project is delivered:

  1. All Structural, Architectural and Services drawings must be ready before execution,
  2. Fund must be allocated as per Budget,
  3. All manpower must be ready,
  4. All Materials must be at Project site before commencement,
  5. All Safety precautions must be on board,
  6. All Engineers and Managers must be on board, (Planner, Billing Engineer,Safety Engineer, Contruction Engineer)
  7. All Contractors must be on board

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