Project Charter

Topics: Project management, Management, Risk Pages: 5 (531 words) Published: March 30, 2014


Project Charter Document

Project Name: ACM Composites top quality custom-made NHL pro players stick production Department: Sales department, Marketing, Financial, Engineering Focus Area:Research,pofessional development, financial management Product/Process:Hockey Sticks

Prepared By
Document Owner(s)
Project/Organization Role
Gary Whittacker
Owner(Marketing Person)
Rémi Lussier
Owner(Manufacturing of composite hockey sticks and thermoset molded parts for defense, energy and transportation sectors) Marcel Jean
Daniel Gaten
Technician+production
Steve Veillette
Logistics
PROJECT DEFINITION 
CORPORATE PROJECT PURPOSE:
Because the company is currently considering the possible penetratation of the pro player segment of this market; of its manufacturing sites in Quebec, it needs development of quality custom-made stick, time efficiency and availability of resources to make a decision.  

 
CRITICAL SUCCESS FACTORS:
1. Be able to deliver this 100% custom stick to the team within 7 days from receiving the order. 2. Design and production must be well organized and cost efficient PROJECT GOALS:
1. To develop a new generation stick for professional hockey players. The stick has to have a custom made blade and shaft at the desire of the player PROJECT STRATEGY
1. Involve market and economics(tall purchases are made in us dollars) research 2. To be open with the employees and other interested stakeholders and try the first samples of the product on professionals. COMMUNICATIONS STRATEGY

1. To create value for professionals to use and brand loyalty towards ACM composites 2. To provide link with the resource suppliers to be able to correspond to the demand from the hockey companies END PRODUCTS:

-gives a new segment development- pro player part of the market composite material hockey sticks -provides a defense towards losing hockey stick from composite material from China -provides and economic analysis of such an investment

PROJECT SCOPE

The project scope was the delivery of a 100% custom stick , conforming to the project specifications, within 1 week of the business order(competitive advantage) PARAMETERS 
PROJECT OBJECTIVES
SCHEDULE:
Project to be completed for an year
BUDGET:
The firm has allocated $500,000 for this project. The biggest part of the costs for this project will be the FOH(factory over head-supervision,maintenance,prod maintenance)

 
KNOWN CONSTRAINTS:
RESOURCES:
To be determined
 
 
 
OTHER:
The company desires to penetrate the pro player hockey segment but we are not sure that the players will want to change from Chinese hockey sticks to Canadian ones..  
 
 
 
RISK ASSESSMENT:
(High, Medium, Low)
 
Probability
Impact
External Risk
TBD
TBD
Political Risk: Political pressures to protect current plants L
L
Market Risk: Risk losing reputation in hockey stick market if the project fails M
H
Internal Risk
 ?
?
Schedule Risk:
 H
H
Budget Risk:
H
M
Technical Risk: TBD
 L
 L
Other Risk: Professional buyers preferring cheaper alternative L
M
PROJECT ORGANIZATIONAL IMPACTS 
ORGANIZATIONS IMPACTED BY THE PROJECT
INTERNAL:
CONTACT & TELEPHONE
Engineering, Financial, Marketing
 
 
 
EXTERNAL:
CONTACT & TELEPHONE
Less price sensitive professionals

REPORTING RELATIONSHIPS:
SENIOR MANAGEMENT
1. President and the Senior Management Committee will meet monday morning to discuss project . 2. Big chalk board with chart will be used during the discussion and brainstorming on it for ideas.

COMPLETION CRITERIA
1. Report of feasibility and recommendations has been delivered and approved by corporate management. PROJECT PLANNING PARAMETERS
 
DATE PLANNING COMPLETION DUE:

ESTIMATED PLANNING BUDGET:
$500,000

SIGN OFF
SUBMITTED FOR PLANNING
SIGNATURE
DATE
PROJECT MANAGER
 
 
FUNCTIONAL MANAGER
 
 
SPONSOR
 
 
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Project Management-Project Charter Template Essay
  • Amazon Warehouse Project Charter Essay
  • Riordan Manufacturing Charter Essay
  • Project Charter Essay
  • Essay on eastland mall bank project
  • Summary Project Management Essay
  • Essay about Project Proposal
  • Chartering- Description of Basic Charter Party Terms Essay

Become a StudyMode Member

Sign Up - It's Free