AIHE ISY2004 Project Charter: Implementing Max Lionel Realty Program

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This project charter outlines the implementation of a program for Max Lionel Realty, focusing on informing agents of ethical and legal obligations, promoting professional conduct, and improving client experience. The charter details the project's purpose, deliverables with specific timeframes, and identifies key stakeholders, including their roles, power, and influence. It also covers required resources, potential risks like schedule slippage and budget shortfalls, and interdependencies with other systems. Success criteria include completing the project within budget and achieving the stated objectives of informing clients about obligations. The document includes a project snapshot, stakeholder analysis, risk assessment, and bibliography, providing a comprehensive overview of the project's scope and management strategies. The student has created this project as part of their ISY2004 Information Systems Project Management course.
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Project Charter
Project snapshot
Name of project: Implementing a program for the organization “Max Lionel Realty”.
Project purpose:
The paper mainly reflects on the organization “Max Lionel Realty” which is one of the companies which was founded in the year
Max Lionel. The main mission of the company is to get highest returns from the clients and for delivering proper experience to the
client. In addition to this, the organization wants to create proper goodwill of the customers and furthers wants to develop both
legal as well as ethical obligations for implementing a program that helps in informing agents of ethical as well as legal obligations.
Moreover, the organization also wants to promote the different standards of professional conduct for successfully informing the
tenants as well as other MLR commitments.
Deliverables with timeframes
The deliverables of the project with proper
timeframe is mainly reflected in the below
table:
Task Name Duration Start Finish
Informing agents
of legal as well as
ethical obligations
6 days Tue 22-
10-19
Tue 29-
10-19
Promoting high
standards of
professional
conduct
5 days Wed 30-
10-19
Tue 05-
11-19
Informing clients
and tenants 6 days Wed 06-
11-19
Wed 13-
11-19
Charging
employees and
buy-in initiative
5 days Thu 14-
11-19
Wed 20-
11-19
Providing quality
standards for
deliverables
7 days Thu 21-
11-19
Fri 29-11-
19
Proper
engagement with
the customers
and clients
5 days Mon 02-
12-19
Fri 06-12-
19
Building goodwill
and reputation
for integrity
4 days Mon 09-
12-19
Thu 12-
12-19
Supporting
innovation-based
thinking
5 days Fri 13-12-
19
Thu 19-
12-19
Stakeholders
The stakeholders who will get impacted due to this particular project is reflected
with the help of the table that is given below:
Stakeholder Roles Power Influence
Program planner The program
planner makes
the entire plan
so that high
professional in
ethical standards
can be conducted
effectively.
High High
Organizer The organizer
generally
organizes the
program for
informing the
clients about
ethical and other
legal obligations.
Low High
Supervisor The supervisor
generally takes
cares of the
entire program
so that it can be
completed
properly.
High Low
Program
manager
The program
manager
manages the
High
High
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Creation of high-
performing and
highly profitable
organization
4 days Fri 20-12-
19
Wed 25-
12-19
program starting
from the
initiation phase
of the program
Financial manager The financial
manager
develops a
number of
strategies as well
as plans for
managing the
project finance.
Low Low
Quality analyst The quality
analyst applies
different
practices for
managing the
quality of the
program
successfully.
Low Low
Resources
The different types of resources which are
required for organizing the program are listed
below:
People: The staffs who are engaged with
organizing a program are listed below:
Program manager
Program planner
Supervisor
Organizer
Financial manager
Worker
Quality analyst
Facilities: The facilities which the staffs require
for working within the project include:
Extra payment for working additional
shift
No work pressure after shift hours
Incentives for good performance
Cash Flow: As per the organization, $15,000 is
assumed as the appropriate amount for
organizing the program for the organization
successfully.
Software: The different types of software which
are needed include:
MS project
MS office
Risks
The risks as well as other constraints which can create negative impact on
the project progress are mainly illustrated below:
Risk Impa
ct
Probabi
lity
Mitigati
on
Schedule
slippage:
Improper
managem
ent of
project
schedule
creates
slippage
of project
schedule
and due
to
slippage,
the
completio
n date of
the
project
can get
extended
which
High High The
problem
of
schedule
slippage
can get
resolved
by
keeping
track on
the
project
status so
that the
team
members
can be
able to
get idea
about
the
slippage
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further
can cause
delay in
the
project
and it
can be
handled
properly
for
avoiding
delays in
the
project.
Budget
shortfall:
The
money
which is
required
for
making
arrangem
ent for
the
project is
not
present in
sufficient
amount
then after
progressin
g to some
extent the
project
work get
obstructe
d due to
financial
crisis.
High High The
issue that
occur
due to
shortage
of budget
can be
avoided
by
estimatin
g the
budget at
the
starting
phase
properly
and
controllin
g the
expendit
ure
within
the
project
so that
the
budget
shortfall
can be
managed
successfu
lly.
Lack of
resources
: The
required
resources
for
making
arrangem
ent for
Medi
um
Medium The
resource
s which
are
needed
within
the
project
should
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the
program
is not
present
then the
project
team can
face a lot
of
challenge
s in
progressin
g with the
next
phases of
the
project.
be
estimate
d and
must be
arranged
so that
the
progress
of the
program
does not
get
obstructe
d due to
insufficie
nt
budget.
Improper
experienc
e of the
staffs:
Due to
lack of
proper
experienc
e, the
project
managers
can face a
lot of
challenge
s as well
as
difficulties
in
handling
the work
of the
project
quite
effectively
Medi
um
Medium
Providing
proper
facility of
training
to the
project
team
members
is helpful
in making
the staffs
skilled so
that they
can be
able to
finish the
work
effectivel
y and the
project
accompli
sh its
objective
s.
Interdependencies
It is identified that after the successful
arrangement of the program, it is quite easy to
inform both the ethical as well as legal
obligations that are mainly used by different
organizations. Additionally, the organization
Success criteria
The different types of success criteria that helps in showcasing that all the project
objectives are accomplished are listed below:
Accomplishing project on budget: If the program can be organized successfully
within $15,000 then the program can be considered to be successful.
Achieving objectives: If the organization can be able to inform the various clients
about the various types of legal as well as different types of ethical obligations
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generally utilizes appropriate system-based
interface for the entire program so that the
objectives and goals of the program can be
successfully executed within the time that is
presumed.
then the program can be considered as successful.
Project Title: Implementing a program for the
organization “Max Lionel Realty”.
Project Client: <Please fill> Date: Version:
Project Sponsor:
<Please fill>
Project Manager:
<Please fill>
File Name: Implementing a program for the
organization “Max Lionel Realty”.
Page x of y
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Bibliography
Badewi, A., 2016. The impact of project management (PM) and benefits management (BM) practices on project success:
Towards developing a project benefits governance framework. International Journal of Project Management, 34(4),
pp.761-778.
Carvalho, M.M.D. and Rabechini Junior, R., 2015. Impact of risk management on project performance: the importance of
soft skills. International Journal of Production Research, 53(2), pp.321-340.
de Carvalho, M.M., Patah, L.A. and de Souza Bido, D., 2015. Project management and its effects on project success:
Cross-country and cross-industry comparisons. International Journal of Project Management, 33(7), pp.1509-1522
Hornstein, H.A., 2015. The integration of project management and organizational change management is now a
necessity. International Journal of Project Management, 33(2), pp.291-298.
Ramazani, J. and Jergeas, G., 2015. Project managers and the journey from good to great: The benefits of investment in
project management training and education. International Journal of Project Management, 33(1), pp.41-52.
Serra, C.E.M. and Kunc, M., 2015. Benefits realisation management and its influence on project success and on the
execution of business strategies. International Journal of Project Management, 33(1), pp.53-66.
Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature review with a critical look at
the brave new world. International Journal of Project Management, 33(2), pp.278-290.
Todorović, M.L., Petrović, D.Č., Mihić, M.M., Obradović, V.L. and Bushuyev, S.D., 2015. Project success analysis
framework: A knowledge-based approach in project management. International Journal of Project Management, 33(4),
pp.772-783.
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