Initiation 1.5 - Inputs to Developing the Project Charter

Question 1

Where do the major inputs for developing the project charter come from?

Answer 1

the project initiator or sponsor

Question 2

What are the project charter Inputs?

Answer 2

Business case, benefits management plan, and agreements. You’ll also use enterprise environmental factors and organizational process assets.

Question 3

What are Enterprise Environmental Factors

Answer 3

• conditions surrounding a project that can have an impact on its success. Examples are marketplace conditions, organizational infrastructure, and governmental or industry regulations.

Question 4

Marketplace conditions relate to…?

Answer 4

supply and demand, and the economic factors that influence them. What goes into the project charter may be affected by these conditions.

For example, a project involving property sales could be affected by a reduction in interest rates, which may drive the demand up and result in increased prices.

Question 5

Organizational infrastructure refers to…?

Answer 5

to a company’s facilities and capital equipment. These may support project requirements.

When you create the project charter, you consider possible restrictions.

For example, are you running out of space on your servers? Can your current network handle the extra volume that you’re going to add to it to achieve the project objectives?

Question 6

Organizational Process Asssets

Answer 6

• may come from any or all of the organizations involved in a project. When developing the project charter, it’s important that you consider the process assets of all the organizations involved in the project. They may have formal and informal policies, procedures, plans, and guidelines with effects that must be considered. These standards for conducting work can influence a project’s success.

Question 7

All project outputs must comply with….?

Answer 7

Governmental Regulations and industry standards.

For example, the development of a communications device must meet frequency bandwidth regulations established by the government.

Question 8

Historical information relevant to a project charter includes what?

Answer 8

what an organization has learned from previous projects.

For example, past project risks, schedules, and outcomes can give you useful insights for a new project of a similar type and scope. Many organizations keep a lessons learned knowledge base, which helps in storing and tracking historical information.

Question 9

The Project Charter can be affected by what kind of economic factors?

Answer 9

Supply and demand, i.e. Marketplace Conditions

Question 10

Where might restrictions in your project charter arise from?

Answer 10

Organization infrastructure

The companys facilities and capital equipment