ISY2004 Project Charter: Max Lionel Realty Code of Conduct

This project charter outlines the development of a code of conduct and legislation for Max Lionel Realty. The project aims to inform agents about lawful and ethical responsibilities related to WHS and anti-discrimination legislation, aligning with the Real Estate Institute of Victoria Code of Conduct. Key deliverables include training agents on sales and management, client practices, and ensuring adherence to ethical standards. Stakeholders encompass real estate sponsors, agents, clients, and tenants. The project relies on resources like project management software, financial planning, and skilled personnel. Risks include resource limitations, external factors, and funding. Success is measured by clear communication of legal and ethical obligations, alignment with company strategy, professional delivery, and meeting project requirements while promoting cultural diversity. The charter provides a detailed project snapshot including project purpose, deliverables, stakeholders, resources, risks, interdependencies, and success criteria.

Project
snapshot
Name of project: Developing proper code of conduct and legislation for Max Lionel
Realty
Project purpose:
What are the goals/objectives of this project? Why are we undertaking it? What
is the problem/opportunity?
 To inform the agents of the Max Lionel Realty of the lawful and the ethical
responsibilities related to WHS and anti-discrimination legislation and to abide the
organization to follow certain standards or codes of ethics.
 To indorse high standards in expert conduct based on the Real Estate Institute of
Victoria Code of Conduct and its relevant legislation.
 To notify its clients, tenants and the potential tenants about the MLR’s promises.
 To attain employee and client buy in for inventiveness.
Deliverables with timeframes
What, when, etc.
Deliverables Time frame
Stakeholders
Who is the sponsor, project manager,
customers, and other key groups who
can impact, or be impacted by, this

To train its agents in order to be
competent in selling and
managing the real estates
15 days
To train the agents for daily client
practice
15 days
To ensure the MLR obligations,
REIV code and the ethical
practices of the real estate
business of Max Lionel Realty
20 days
project.
The stakeholders of the project
includes-
 the real estate sponsors,
 project manager
 agents of Max Lionel Real
Estate
 Clients of Max Lionel Real
Estate
 the tenants of Max Lionel Real
Estate
Resources
Cash flow, people, equipment, facilities,
software, etc.
1. Project management software helping in
task tracking,
2. forms that would be easy to follow
3. to do lists
4. project histories
5. board commitment
Risks
Resource limitations, deadlines,
budget, technology, legal and
other constraints, etc.
1. Resource limitation
2. Delivering projects within
deadline
3. Planning proper budget
4. Locating strategy with respect
to client base
5. External factors like rising

6. revenue stream
7. financial stability
8. monthly cashflow including beginning cash,
cash revenue, cash expenses, cash deficit
and ending cash
9. paper and telecommunication costs
10. agents, clients, tenants
11. project sponsor
12. technical experts
13. quality assurance manager
14. human resource manager
15. residential realty manager
16. commercial realty manager
17. investment manager
18. chief financial officer
19. operation general manager.
rents, sale of property and
redevelopment
6. Lack of adequate funding
resources
7. Insufficient control over
property to meet the
organizational objectives
8. Good relationship with the
clients, tenants as well as with
the agents
Interdependencies
With other projects, groups, system interfaces, etc.
The project will be coordinated with other
organizational projects, operations and other
investment activities such as property and
Success criteria
How we know we are successful.
Success of the project will be
determined if the following points
are met:
1. All the legal obligations and the

development of land REIV obligations are clearly
communicated
2. All the legal actions and the
standards of code of ethics
align with the strategic
direction of the company
3. Professional but a friendly
language is maintained within
the project deliverables
4. Fair and flexible delivery of the
project deliverables to the
intended audiences
5. Meeting all the requirements of
the project and delivering
sensitive information needs
while promoting cultural
diversity.
Project Title: Developing proper code of conduct
and legislation for Max Lionel Realty
Project Client: To
be filled by the
student
Date:
Version: To
be filled by
the student

Project Sponsor: To
be filled by the
student
Project Manager: To be
filled by the student
File Name: To be filled
by the student
Page x of y
To be filled
by the
student