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ITC505- Project Management: Assignment 3 – Project Charter

Prepare and submit Assessment 3 as an individual, based on the Virtucon/Globex scenario, and develop a charter for the Project including the project description and overview, measurable organizational value, functional scope items, project delivery scope items, scope management plan, people and their roles, technology, facilities, travel and training requirements, high-level work breakdown structure, Gantt chart, milestones, resource usage, project budget, assumptions, risks, quality statement, verification activities, validation activities, annotated bibliography, closure checklist, and project MOV evaluation.

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Added on  2023-06-03

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This project charter outlines the scope, goals, and objectives of the ITC505- Project Management Assignment 3. It includes a measurable organizational value, functional and project delivery scope items, scope management plan, people and their roles, technology, facilities, travel and training requirements, high-level work breakdown structure, Gantt chart, milestones, resource usage, project budget, assumptions, risks, quality statement, verification and validation activities, and annotated bibliography.

ITC505- Project Management: Assignment 3 – Project Charter

Prepare and submit Assessment 3 as an individual, based on the Virtucon/Globex scenario, and develop a charter for the Project including the project description and overview, measurable organizational value, functional scope items, project delivery scope items, scope management plan, people and their roles, technology, facilities, travel and training requirements, high-level work breakdown structure, Gantt chart, milestones, resource usage, project budget, assumptions, risks, quality statement, verification activities, validation activities, annotated bibliography, closure checklist, and project MOV evaluation.

   Added on 2023-06-03

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ITC505 – Assignment 3 –Project Charter <<STUDENT ID>>
Assignment 3 – project charter
STUDENT ID: <<STUDENT ID>>
STUDENT NAME: <<STUDENT NAME>>
SUBMITTED TO LECTURER: ANDREA MUTHU LAKSHMI
ITC505- Project Management: Assignment 3 – Project Charter_1
<<STUDENT ID>>
Table of Contents
ITC505- Project Management.................................................................................................1
1 MOV - Measurable Organisational Value (5 Marks).......................................................3
2 Functional Scope Items..................................................................................................5
3 Project Delivery Scope Items..........................................................................................5
4 Scope Management Plan............................................................................................... 6
5 People and their roles....................................................................................................6
6 Technology (Hardware, Software and Network)............................................................7
7 Facilities – where will the team be situated?.................................................................7
8 Other Travel and Training Requirements........................................................................7
9 High level Wok Breakdown Structure with Duration and Resource Assignment............8
10 Gantt Chart and Tracking Gantt....................................................................................10
11 Milestones....................................................................................................................11
12 Resource Usage............................................................................................................11
13 Project Budget..............................................................................................................12
14 Assumption.................................................................................................................. 13
15 Risks............................................................................................................................. 13
16 Quality Statement........................................................................................................15
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ITC505- Project Management: Assignment 3 – Project Charter_2
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17 Verification Activities....................................................................................................15
18 Validation Activities......................................................................................................15
19 Annotated Bibliography...............................................................................................16
20 Closure Checklist..........................................................................................................16
21 Project – MOV Evaluation............................................................................................17
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ITC505- Project Management: Assignment 3 – Project Charter_3
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Part One – 15 Marks
1 MOV - Measurable Organisational Value (5 Marks)
Step 1: Identify the desired area of impact
Area of Impact Rank (1 to 5)
Customer 1
Social 2
Operational 3
Financial 4
Strategy 5
Step 2: Identify Desired Value – Better / Faster / Cheaper / More
The desired values in this project are faster and more.
The main priority of this project is to ensure faster and more efficient operations regarding
the purchase and sale of the crops by the growers and buyers. The app and the website will
assist the users to perform their actions like putting up sale, placing bids and other activities
much faster and easier.
The company also targets to do more using this project. While the online stud farm
management system has gained sufficient popularity among the clients, the company
further wants to develop a website and a dedicated application for smartphones used by
the clients. Thus the target of the company is to expand the functionalities of the existing
system with added values for the convenience of the customers.
Step 3: Identify the Metrics
The main metrics of the project are time and budget. It has been agreed that a time
schedule and budget are fixed, they will not changed at any condition.
Hence, the overall time determined for the project is 142 days and an approximate budget
has been determined for $1,058,360.
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ITC505- Project Management: Assignment 3 – Project Charter_4
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Step 4: Identify the Timeframe
The overall timeframe for achieving the MOV in the project is set at 2 months after the
completion of the project. These two months are allowed so that the organization can get
sufficient time to release the system for end-users and gather feedback from them
regarding usability and issues of the system.
Step 5: Agree with the Sponsor
The sponsor recommends developing a suitable roll out strategy so that the organization
does not have to face any problems while going live. Moreover, the sponsor also requires
finalizing a budget during planning so that it can be fixed without any major changes in the
future.
Step 6: Summarise in a Clear Concise Statement
This project is basically aimed to enhance the convenience of the customers (farm
managers) for purchasing and selling crops in an online marketplace. While the Globex can
gain significant business benefits from the project, the project is basically customer centric.
The developed website and the mobile application will allow both the growers and the
sellers to buy and sell crops as per their own conveniences.
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ITC505- Project Management: Assignment 3 – Project Charter_5
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Part Two: (10 Marks)
Scope (s) – 10 Marks
2 Functional Scope Items
The functional scope items of the project are listed as follows.
A new online cash marketplace platform named i-Crop
A new website that will support this marketplace platform (supported by web
browsers of both computers and smartphones)
A new dedicated mobile application of the online marketplace for iOS and Android
operating systems
3 Project Delivery Scope Items
The project delivery scope items are listed as follows.
The project requirements are all listed, documented and tested for feasibility
The new proposed website and the mobile application are designed and developed
with suitable features
The developed systems are tested for identifying bugs that may cause problems in
future
All necessary features including the functionalities, user interface and others are
appropriately added
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ITC505- Project Management: Assignment 3 – Project Charter_6

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