Project Charter Components

The maximum budget for our project is $300,000

• Constraint

• Assumption

• Risk

• Exclusion

We will complete our project on time

• Assumption

• Constraint

• Success Criterion

• None of the above

Finishing the project late will result in lost customers

• Constraint

• Assumption

• Risk

• Exclusion

IT support desk has the skills necessary to support our new system

• Risk

• Constraint

• Exclusion

• Assumption

Order-entry time reduced by 20%

• Business Requirement

• Constraint

• Assumption

• Success Criterion

Reduced order-entry time will result in labor savings of approximately $30,000 annually

• Success Criterion

• Business Objective

• Risk

• Assumption

Employees will not resist the new system

• Assumption

• Risk

• Success Criterion

• Other

Employee resistance to the new system will negatively impact attainment of business objectives

• Assumption

• Risk

• Exclusion

• Other

Changes to industry regulations have created a requirement for our company to implement new data security systems

• Business objective

• Risk

• Business Purpose

• Other

Ability to use off-the-shelf components will allow us to reduce production cost

• Success Criterion

• Assumption

• Risk

• Exclusion