Task 1: Prepare Project Charter as per below template – 55 marksBasic details Including (5 marks): Title of the project, Name and email of the Project Manager (yourself), Duration of the project, and High level budgetProject Objectives (10 marks)o Clear, concise reasoning for why the project is being performedo Clear, concise definition of what the project’s activities will entail ( high level scope)o Brief description of primary deliverable(s)o Clear description of the project’s benefits to the organisationo Recognition and description of any limits that the project will not cover and addressMOV - Measurable Organisational Value ( 15 marks)(This is the goal of the project and is utilised to define the value that your team project will bring to your client)Identify the desired area of impact - Rank the following areas in terms of importance: Strategy / Customer / Financial / Operational / Social With reference to your project, identify one or two of the following types of value:• Better - is improving quality important to your client?• Faster - does your client want to increase efficiency?• Cheaper - is cutting costs important?• Do more - does your client want to continue its growth?Develop an appropriate metric - this sets the target and expectation of all the stakeholders. It is important to determine a quantitative target that needs to be expressed as a metric in terms of an increase or decrease of money. ( 5 Bullet Points)(Note: the MOV should inform everyone what the project will achieve, not how it will be achieved. It should also focus on the organisation, not on the technology that will be used to build or support the information system).Acceptance Criteria (5 marks)o Identification of specific factors against which the project can be compared to determine success/failureo Identification of specific deliverables for the project as a whole
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