Project Charter

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Added on  2023/01/11

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This document provides a project charter for Oracle Corporation, including objectives, project management capabilities, PMO responsibilities, and more.

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Running head: PROJECT CHARTER
PROJECT CHARTER
Name of the Student:
Name of the University:
Author Note:

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PROJECT CHARTER
Table of Contents
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The business organization that is chosen in this report is Oracle Corporation
PROJECT CHARTER
Charter Area Charter Element Notes
Business purpose PMO Business objectives:
The objectives of Oracle Corporation are as
follows:
Objective 1: The main objective of
ORACLE Corporation is to implement
automation technology in business
management processing.
Objective 2: As per Oracle Corporations
scheduling acts as a main event of business
management. Hence creation of project
schedule via the Oracle is also a major
objective of the Oracle Corporations
Objective 3: Increasing the reliance of the
clients on the platform of cloud platform is a
penultimate objective.
Project Management purpose Project management competency
objectives:
For meeting the need of PMO competency,
the main aspects that will be taken into
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PROJECT CHARTER
consideration includes monitoring and
controlling of the project performance.
Proper development of the list competency
plan will include Oracle Corporation needs
to understand the ability to influence the
market and as per the commencing of the
adopting of the best management practices.
Being able to identify the interdependencies
in between the programs and portfolio.
Performing effective communication will
ensure higher competency as per the project
management objectives.
Project management capability objective
The project management capability
objectives have been a major advantage that
is gained by the Oracle Corporation. The
sole reason behind the process includes
external project customers and external
project customers will be faced. Senior
executives are very well managed and hence
communication process is well maintained.
Again as per the project objective capability
of Oracle Corporation, proper asking of the

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PROJECT CHARTER
questions and hence answering the same
regarding the queries that are present will
also be required for commencing of the
projects of Oracle Corporation (Mukherjee
et al, 2015).
PM Maturity objective
The project management maturity of Oracle
will get enhance as per the diversification in
between the SEI Maturity levels and PMI
knowledge areas. The levels that will be
considered in this process includes Level 1
Initial process. Level 2, structured process
and standards. Level 3, logistic ideals and
processes based on Institutionalized base
process. Level 4, Managed processes and
Level 5, Optimizing Process. These
classifications are made as per the SEI
maturity levels. Again as per the PMI
knowledge areas, time management, scope
management, project integration
management, project human resource,
Quality management and is needed to be
performed and hence communication
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PROJECT CHARTER
management is performed as per the
commencement of the functional processing
of the Oracle Corporation.
PMO functional
responsibilities
Practice management focus area
Project management methodology
The methodology that have been followed
includes secondary data analysis method.
Peer reviewed journals are taken into
considerations. Primary data analysis is also
performed for better understanding if the
demands of the people and hence thriving
for better commencing of the project.
Project tools
Usage of real time dashboards are made.
Planning, scheduling tools are also used in
this project. Timesheets are also used (Ben-
Sasson, Chiesa & Spooner 2016).
Standards and metrics
Usage of process metrics is used by Oracle
for understanding of the project quality is
used. Hence wise usage of the project
metrics, organizational metrics. The project
metrics includes Effort Variance, size
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PROJECT CHARTER
variance, schedule variance, requirement
stability index and cost of quality. These are
considered as the project standards as well.
Knowledge management
Oracle Corporation has been using
knowledge management for bettering of the
knowledge of the employees in order to
better the diversity in expertise of the
employees and hence increasing the
efficiency (Firmani, Saha & Srivastava
2016).
Infrastructure management
Project governance
Standardizing of the project accountability
has been the major aspect that will ensure
that better management of the governance
arrangements will be made and hence
framework of the project execution is
considered. This ensures that better
management of the project will be
performed.
Assessment
Assessment of the tasks that are performed

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PROJECT CHARTER
by the employees of Oracle ensures that the
outcome that is received is the output that
was desired and promised during the project
initiation phase.
Organization and structure
The organizational structure that is followed
by Oracle Corporation is hierarchical in
nature.
Facilities and equipment’s
Computer networks, Machineries, updated
software.
Resource Integration
Resource management
Resource management of Oracle
Corporations is performed in a manner that
provides high efficiency as in avoiding
unforeseen hiccups, preventing resource
burn outs, develop transparency in the
functional process.
Training and education
Training and development is performed for
increasing diversity of the employees of
Oracle Corporation (Klopp, Tsybakov &
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PROJECT CHARTER
Verzelen 2017)
Career development
Oracle Corporation provides proper time in
career development of the employees and
invests on them. This helps in retaining the
employees as well. With the help of the
career development the experienced
employees will tend to stay at the
organization as they will not feel stagnant at
their job role. This ensures that they will
face new challenges and will help them
grow as an individual.
Team development
Team development will ensure that better
commencement of the project as a team of
highly efficient employees. With highly
trained individuals team formation gets easy
and the strength of the team also gets higher.
This ensures that better management of the
efficiency of the project management gets
easy.
Technical support
Project mentoring
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PROJECT CHARTER
Project monitoring is performed via real
time dashboard reports
Project planning
Project planning is performed via
Primavera.
Project auditing
Smart ERP is used for project auditing.
Project recovery
Project recovery is performed via
OFFICERECOVERY.COM. With the help
of the software the data that are generated
are stored and hence proper processing of
the functioning of the project gets achieved
in a better manner. This is the main aspect
that better management of the business
processing will be achieved as per the
commencing of the execution of the project
(Mittal, Saad & Bovik 2015).
Business alignment
Portfolio management
Primavera is used as the portfolio
management process.
Customer Relationship management

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Oracle focuses on customer relationship
management and the tools that is used is
ORACLE CRM for performing Customer
relationship management.
Vendor Relationship management
Usage of PeopleSoft Enterprise is used by
Oracle for performing VRM.
Business performance
ORACLE Corporation uses Enterprise
Performance Management software for
tracking of Business performance (Bellec,
Lecué & Tsybakov 2018).
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References
Bellec, P. C., Lecué, G., & Tsybakov, A. B. (2018). Slope meets lasso: improved oracle bounds
and optimality. The Annals of Statistics, 46(6B), 3603-3642.
Ben-Sasson, E., Chiesa, A., & Spooner, N. (2016, November). Interactive oracle proofs.
In Theory of Cryptography Conference (pp. 31-60). Springer, Berlin, Heidelberg.
Firmani, D., Saha, B., & Srivastava, D. (2016). Online entity resolution using an
oracle. Proceedings of the VLDB Endowment, 9(5), 384-395.
Klopp, O., Tsybakov, A. B., & Verzelen, N. (2017). Oracle inequalities for network models and
sparse graphon estimation. The Annals of Statistics, 45(1), 316-354.
Kock, A. B., & Callot, L. (2015). Oracle inequalities for high dimensional vector
autoregressions. Journal of Econometrics, 186(2), 325-344.
Mittal, A., Saad, M. A., & Bovik, A. C. (2015). A completely blind video integrity oracle. IEEE
Transactions on Image Processing, 25(1), 289-300.
Mukherjee, N., Chavan, S., Colgan, M., Das, D., Gleeson, M., Hase, S., ... & Lahiri, T. (2015).
Distributed architecture of Oracle database in-memory. Proceedings of the VLDB
Endowment, 8(12), 1630-1641.
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