In: Accounting
Section A: The Project Charter
Populate all sections of this Project Charter Template with content related to the Getta Byte Project Charter and improve its content. There are sections in the template which are not covered in the video for which the student is still responsible to complete by elaborating and adding its missing content. Here is a list of the Project Charter Template sections.
The particulars
Getta Byte Software—The Project Charter
Nonia: We need a new billing system.
Hugh: Why? The one we have works fine.
Nonia: It's manual, time-consuming, and inaccurate.
Hugh: There is that...
Ima: So, it has to be automated, fast, and accurate.
Nonia: An online system, easy data entry, dynamic updates to receivables. It should save us 25% in labor per month!
Hugh: We need to work with a bunch of people. CEO, CFO, Finance, Billing, Customer Service.
Ima: How will we know if it is a successful system?
Hugh: Billing cycles are reduced by 30%.
Nonia: We must do the first pilot by September 1.
Ima: That means development and testing is done by August 15.
Hugh: Final release will be complete on September 10.
Nonia: If we are able to generate reports dynamically... Speed up transactions and response time... We'll be golden!
Hugh: We only have $250,000 to spend on this project. What if while we are replacing the system, we have network issues?
Nonia: There is a risk in data transfer from our paper records to the new system.
Hugh: That budget is going to be a challenge—a real constraint.
Nonia: We have to assume that our most of our current customer data are correct.
Hugh: We won't be able to do anything with accounts receivable.
Nonia: We won't be able to change our financial system of record, either except to interface.
Ima: I think that's all I need for a charter.
The End
MISSION AND PURPOSE- THE COMPANY WANTS TO CHANGE MANNUAL SYSTEM TO ONLINE BILING SYSTEM IS THE NEED OF TODAY'S ENVIRONMENT. AS BUSIESS IS CHANGING RAPIDLY SO THE WORLD IS GOING TO PAPERLESS AND MOVING FROM MANNUAL ACCOUNTING TO ONLINE ACCOUNTING WHICH IS ACCURATE, FAST AND AUTOMATED.
PROJECT AND PRODUCT DESCRIPTION- CHANGING MANNUAL BILLING SYSTEM TO ONLINE BILLING SYSTEM WHICH IS AUTOMATIC, FAST AND ACCURATE,
OBJECTIVE- THE COMAPANY WANTS TO CHANGE BILLING SYSTEM AS IT REDUCE COST AND INCREASE CO COMPANY PROFIT AND COMAPNAY HAS HIGH BILLING SYSTEM HELPS HIM TO GROW.
MILESTONE- CHANGING TO ONLINE SYSTEM THE LABOUR SHOULD BE KNOWN HOW TO OPERATE COMPUTER, STAFF TRANNING COST, STAFF ACCEPTANCE OF NEW SYSTMEM
BUDGET- COMPANY HAS ONLY 250000$ TO SPEND ON NEW SYSTEM,
USER ACCEPTENCE CRITERIA- AS SYSTEM IS CHANGING IT MIGHT BE HAPPEN STAFF FELL SOME DIFFICULTY IN EARLIER STAGE,
EXCLUSION AND BOUNDARIES- FINAL RELEASE WILL BE COMPLETED ON SEPTEMBER 10.
HIGH LEVEL ASSUMPTION- COST REDUCTION IS THE MAIN ASSSUMPTION OF SYSTMEM CHANGING AS LABOUR COST REDUCE BY 25%, EASY AND ACCURATE SYSTEM.
LOWER LEVEL CONSTRAINTS- BUDGET, STAFF, COST
MAJOR RISK- IF NEW SYSTMEM NOT HANDLE BY COMAPNY PROPERLY HAS ADVERSE EFFECT ON SALES, CUSTOMER SERVICE, BILL FIANINCING
KEY STAKE HOLDERS- CEO, CFO, CUSTOMERS, SHAREHOLDERS,
PARTICULARS- CUSTOMER, COMPANY, EMPLOYEEES.