QSO 680 Final Project Guidelines and Rubric Overview The final project for this course is the creation of a program report that shows how the program of projects aligns with and benefit the organization’s overall performance. Successful project managers are those who have a unique focus that is shaped by the organization’s strategic goals, resources, and schedules. They can expertly manage a program of projects by looking across the program to ensure a strategic fit for the organization. This level of technical skill requires the project manager to be able to effectively organize the smallest of details, utilizing both quantitative and qualitative tools and techniques to understand the current state of the program. At the same time, the project manager must also have the ability to engage and motivate people to complete the work at the highest professional level. Finally, effective project managers must be able to design executive-level reporting that informs leadership of the program status. At the completion of this course, you will understand the intricacies of managing various functions and activities across multiple projects and effective management and communication techniques to employ for various stakeholders. For the final project in the course, you will utilize the provided case study and additional course resources to create a program report for a hypothetical organization. The completion of this assessment will allow you to demonstrate your knowledge of program-level management and your ability to develop key executive reporting following standard frameworks. The project is divided into three milestones, which will be submitted at various points throughout the course to scaffold learning and ensure quality final submissions. These milestones will be submitted in Modules Three, Five, and Seven. The final product will be submitted in Module Nine. In this assignment, you will demonstrate your mastery of the following course outcomes: • • • • • Distinguish between project-, program-, and portfolio-level management approaches for supporting organizational strategies • Analyze project methodologies for maintaining consistency in organizational design • Determine appropriate metrics within portfolio management for aligning to organizational goals • Examine the program management life cycle from initiation to benefits realization for ensuring organizational sustainability Prompt For the final project, create a program report based on the hypothetical organization highlighted within the case study Value-Driven Project and Portfolio Management in the Pharmaceutical Industry: Drug Discovery Versus Drug Development - Commonalities and Differences in Portfolio Management Practice. This report will concentrate on the organization’s project hierarchy and management and the project data within the program of projects. Your report will ultimately show how the program of projects aligns with and benefits the organization’s overall performance. Specifically, the following critical elements must be addressed: I. II. Overview: Provide a concise overview of the organization in the given case study, including pertinent information about the organization’s program of projects. Project Hierarchy 1. Differentiate your project, program, and portfolio management. What are the differences and similarities of managing each level? 2. Compare the advantages and disadvantages of managing projects at program and portfolio levels. Provide detailed examples to support your claims. 3. Determine the most advantageous organizational structure for portfolio and program management to ensure organizational strategic goals are met. Provide detailed examples to support your claims. III. Project Methodology 1. Identify the key advantages to the organization of having a project methodology. 2. Outline which components of project methodology are used at each stage of the program life cycle. 3. Recommend a project methodology for the organization that is consistent with the organizational design. Include a description of the methodology’s approach and the key deliverables needed at each life stage of the program. 4. Explain potential challenges to implementing this project methodology for the organization. You should consider the advantages and disadvantages of the recommended methodology when determining potential challenges. IV. Metrics and Measurements 1. Determine the common metrics used to measure the alignment of the program to the organization’s strategic goals. 2. Explain where the metrics fit into the framework and dimensions of the balanced scorecard. 3. Create a balanced scorecard for a program of projects using a standard framework. 4. Explain the advantages and disadvantages of using a balanced scorecard within the organization highlighted in the case study. 5. Determine the key measurements necessary throughout the program life cycle (initiating, planning, executing, controlling, and closing. 6. Propose a method for capturing realized benefits within the organization to ensure the overall program strategy has been met. Milestones In Module Three, you will submit a project charter. This milestone will be graded with the Milestone One Rubric. Milestone One: Project Charter Milestone Two: Project Scope Statement In Module Five, you will submit a paper that analyzes the scope of the project. This milestone will be graded with the Milestone Two Rubric. Milestone Three: Resource Management Plan In Module Seven, you will submit a paper that analyzes resources needed for the project. This milestone will be graded with the Milestone Three Rubric. Final Submission: Program Report In Module Nine, you will submit your final project. It should be a complete, polished artifact containing all of the critical elements listed above. It should reflect the incorporation of feedback gained throughout the course. This submission will be graded with the Final Project Rubric. Deliverables Milestone Deliverable Module Due Grading One Project Charter Three Graded separately; Milestone One Rubric Two Project Scope Statement Five Graded separately; Milestone Two Rubric Three Resource Management Plan Seven Graded separately; Milestone Three Rubric Final Submission: Program Report Nine Graded separately; Final Project Rubric Final Project Rubric Guidelines for Submission: Your program report should be 10–12 pages and double-spaced, with oneinch margins and 12-point Times New Roman font, and adhere to the latest guidelines of APA formatting. 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deliverables and key needed, but deliverables recommendati needed on is inappropriate for the organization or discussion contains inaccuracies Meets Explains the “Proficient” Explains the potential criteria and potential challenges to demonstrate challenges implementing Project s insight into to this project Methodolog how the implementin y: Potential methodology project g this Challenges but methodolog project explanation is y will affect methodolog cursory or the y illogical organization Does not explain potential challenges to 7.6 implementi 4 ng this project methodolo gy Does not determine the common metrics used to measure 5.7 the 3 alignment of the program to the organizatio n’s strategic goals Meets Explains Explains Does not “Proficient” where the where the explain Metrics and Measuremen criteria and metrics fit metrics fit into where the demonstrate into the the metrics fit 5.7 ts: Framework s insight into framework framework into the 3 and relationship and and framework 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3 comprehensi Scorecard projects, framework, projects, ve across using a but scorecard using a dimensions standard contains standard framework inaccuracies framework Meets “Proficient” Explains the criteria and Explains the Does not explain the advantages and demonstrates advantages and advantages and Metrics and disadvantages of using insightful connection disadvantages of disadvantages of Measurements: a balanced scorecard 5.73 Advantages and between using a using a balanced using a balanced within the organization Disadvantages balanced scorecard scorecard within the scorecard within the but explanation is and the organizational organization organization illogical or cursory culture Meets “Proficient” criteria and demonstrates insight Determines the key Does not determine Determines the key into the relationship measurements the key Metrics and measurements between necessary throughout measurements Measurements: necessary 7.64 Key measurements the program life cycle necessary throughout the Measurements necessary throughout but discussion contains throughout the program life cycle the program life cycle gaps or is illogical program life cycle and the organizational context Proposes a method for Meets “Proficient” Proposes a method Does not propose a capturing realized criteria and for capturing method for capturing benefits within the Metrics and demonstrates insight realized benefits realized benefits organization to ensure Measurements: into the relationship within the within the the overall program 7.64 Capturing between methods to organization to organization to Realized strategy has been met capture benefits and ensure the overall ensure the overall Benefits but proposal is the organizational program strategy program strategy has inappropriate or context has been met been met cursory Submission has major Submission has Submission is free of Submission has no errors related to critical errors related errors related to major errors related citations, grammar, to citations, to citations, Articulation of citations, grammar, spelling, syntax, or grammar, spelling, 4.16 Response spelling, syntax, and grammar, spelling, organization that syntax, or organization and is syntax, or negatively impact organization that presented in a organization readability and prevent professional and easyto-read format Total articulation of main ideas understanding of ideas 100% Project Resource Plan Name Focus Area: Process: Prepared By Project Resource Plan Project Name: Process: Focus Area: Prepared By: Prepared On: Authorized By: Program Performance Report Project Project Management 11/19/2018 Project Skill Requirements Task/Deliverable Resource Type 1. Project Intiation Project Charter Development Labor 11/7/2018 Setting & Defining projectLabor goals and Objectives Establising Strategy & Plans Labor 11/20/2018 Project charter development Labor Source project team Project manager/Project sponsor Project team Project Team 2. Project Scope StatementProject scope description Labor 11/21/2018 Purpose and Justifiaction Labor Project boundaries Labor 11/27/2018 Cost Estimation Labor Cost benefit analysis Labor Project Manager, Project Sponsor Project Sponsor Project Manager Finance Manager Finance Manager, Project Manager 3. Project Planning Developing project standards Labor 11/28/2018 Define project management Labor tools Scope Definition 12/5/2018 Deliverable specification Labor Acceptance definition Labor Assumption and Constraints Labor Business Analyst, Project Manager, P Project Manager 4. Project Schedule Development Project Schedule Development Labor 12/6/2018 Project Manager Project Manager Project Manager, Project Sponsor Project Manager, Project Sponsor 12/8/2018 5. WBS Resource plan preparationLabor Project Manager, Project Sponsor, Fi 12/9/2018 12/10/2018 6. Risk Plan DevelopmentRisk plan develepment 12/13/2018 Labor Risk manager Labor Quality Manager 12/13/2018 7. Quality plan Quality plan 12/14/2018 12/15/2018 8. Project Structure Organization Project structure development Labor 12/16/2018 Project Manager 12/16/2018 9. Procurement Plans Procurement planning 12/17/2018 labor Procurement Manager 10. Report Publishing Data collection 12/18/2018 Data analysis Report development 12/21/2018 Report approval Report publishing Labor Labor Labor Labor Labor Team member Business Analyst,Project Manager,Pr Business Analyst,Project Manager,Pr Project Sponsor Project Manager 11. Project Closure Project handover 12/22/2018 Labor Project manager, project team 12/17/2018 12/27/2018 Non Human Resources Task/Deliverable Resource Type Source 1. Project Intiation Project Charter Development Material (papers, pens, snacks) Supplies 11/7/2018 Setting & Defining projectMaterial goals and (papers, Objectives pens, snacks) Supplies Establising Strategy & Plans Material (papers, pens, snacks) Supplies 11/20/2018 Project charter development Material (papers, pens, snacks) Supplies 2. Project Scope StatementProject scope description Material (papers, pens, snacks) Supplies 11/21/2018 Purpose and Justifiaction Material (papers, pens, snacks) Supplies Project boundaries Material (papers, pens, snacks) Supplies 11/27/2018 Cost Estimation Software (papers, pens, snacks) Supplies, IT Cost benefit analysis Software (papers, pens, snacks) Supplies, IT 3. Project Planning Developing project standards Material (papers, pens, snacks) Supplies 11/28/2018 Define project management Material tools (papers, pens, snacks) Supplies Scope Definition 12/5/2018 Deliverable specification Material (papers, pens, snacks) Supplies Acceptance definition Material (papers, pens, snacks) Supplies Assumption and Constraints Material (papers, pens, snacks) Supplies 4. Project Schedule Development Project Schedule Development MS Project Software 12/6/2018 IT 12/8/2018 5. WBS Resource plan preparationMaterials, Software Supplies, IT 12/9/2018 12/10/2018 6. Risk Plan DevelopmentRisk plan develepment 12/13/2018 Materials Software Supplies, IT Materials, Software Supplies, IT 8. Project Structure Organization Project structure development Materials, Software 12/16/2018 Supplies, IT 12/13/2018 7. Quality plan Quality plan 12/14/2018 12/15/2018 12/16/2018 9. Procurement Plans Procurement planning 12/17/2018 Materials, Software, Database Supplies, IT 12/17/2018 10. Report Publishing Data collection 12/18/2018 Data analysis Report development 12/21/2018 Report approval Report publishing Materials, Internet, Cell[hones Supplies, Utilities Data analysis tools, LaptopsIT Software, Materials Supplies, IT Material, Laptop Supplies, IT Printers, Computers, Hall toSupplies, Launch the IT report 11. Project Closure Project handover 12/22/2018 Materials, Software, Supplies, IT 12/27/2018 Resource Assumption Some of the assumptions for this project include that the project team will staying within the set budget of $30,000. That the BL & Diamond pharmaceutical Ltd will offer labor and necessary equipment as well as technical capabilities fully an complete the project on time as well as within the already established standards. Resource Risks and Mitigation Strategies Risk Acceptance Risk Avoidance Risk mitigationg through a risk management plan Detailed List of Sources Source Name Project manager Risk Manager Project Sponsor Address Contact Person Contact Details ject Resource Plan Skill Level Quantity Advanced Advanced Advanced Advanced Hours RequiredController 80 Project Manager 80 Project Manager 80 Project Manager 80 Project Manager 9 2 9 9 Advanced Advanced Advanced Advanced Advanced 2 1 1 1 2 48 48 48 48 48 Adanced Advanced 3 1 56 Project Manager 56 Project Manager Advanced Advanced Advanced 1 2 2 56 Project Manager 56 Project Manager 56 Project Manager Advanced 1 24 Project Sponsor Advanced 3 16 Project Manager Advanced 1 16 Project Manager Advanced 1 16 Project Manager Project Manger Project Manager Project Manager Project Manager Project Manager Advanced 1 8 Project Manager Advanced 1 8 Project Manager Advanced Advanced Advanced Advanced Advanced 5 3 4 1 1 24 24 24 24 24 Advanced 9 40 Project manager, project Sponsor 50 50 50 50 Hours RequiredController 80 Project Manager, Cost Controller 80 Project Manager, Cost Controller 80 Project Manager, Cost Controller 80 Project Manager, Cost Controller Cost EstimateQuantity $300 $300 $300 $300 Project Manager Project Manager Project Manager Project Manager Project Manager $250 $250 $250 $700 $700 40 40 40 30 30 48 48 48 48 48 Project Manager, Cost Controller Project Manager, Cost Controller Project Manager, Cost Controller Project Manager, Cost Controller Project Manager, Cost Controller $300 $300 56 Project Manager, Cost Controller 56 Project Manager, Cost Controller $300 $300 $300 50 50 50 50 50 50 $1,000 10 24 Project Manager, Cost Controller 56 Project Manager, Cost Controller 56 Project Manager, Cost Controller 56 Project Manager, Cost Controller $800 15 16 Project Manager, Cost Controller $900 18 16 Project Manager, Cost Controller $900 18 16 Project Manager, Cost Controller $900 18 8 Project Manager, Cost Controller $800 18 8 Project Manager, Cost Controller $600 $1,200 $700 $2,000 $1,600 55 25 40 45 35 24 24 24 24 24 $2,000 10 40 Project Manager, Cost Controller he set budget of $30,000. ll as technical capabilities fully and successfully Project Manager, Cost Controller Project Manager, Cost Controller Project Manager, Cost Controller Project Manager, Cost Controller Project Manager, Cost Controller PROJECT SCOPE STATEMENT Project Scope Statement Template PROJECT SCOPE STATEMENT NOVEMBER 7, 2018 2 Project Scope Statement Template TABLE OF CONTENTS INTRODUCTION ................................................................................................................................ 4 PROJECT PURPOSE AND JUSTIFICATION ............................................................................................ 4 SCOPE DESCRIPTION ........................................................................................................................ 5 HIGH LEVEL REQUIREMENTS ........................................................................................................... 5 BOUNDARIES.................................................................................................................................... 6 STRATEGY........................................................................................................................................ 6 DELIVERABLES ................................................................................................................................ 7 ACCEPTANCE CRITERIA ................................................................................................................... 7 CONSTRAINTS .................................................................................................................................. 8 ASSUMPTIONS .................................................................................................................................. 8 COST ESTIMATE ............................................................................................................................... 9 COST BENEFIT ANALYSIS ................................................................................................................ 9 3 Project Scope Statement Template INTRODUCTION The project scope statement for BL & Diamond pharmaceutical Ltd aims to provide the management with a fundamental or basic understanding of the program performance report development project scope. This statement will include the project’s scope as well as deliverables, project strategy, project constrains and acceptance criteria, project assumptions, cost estimates and cost benefit analysis. This make it easy for project stakeholders to understand and support the project at different levels. PROJECT PURPOSE AND JUSTIFICATION BL & Diamond pharmaceutical Ltd has a number of different drug development projects. It is important for the company to understand the performance of each drug development project. This is essential as it can help in determining whether the projects are performing as expected. This project is also essential because it would help in indicating whether the company needs to take collective measures so as to achieve the desired results. As a result, performance from the existing drug development portfolios will be enhanced. The project seeks to carry out an organization evaluation of all drug development portfolios and make a performance report. Through this project, BL & Diamond pharmaceutical Ltd will also undertake measures meant to provide an understanding of value as well as risk associated with them. This will enable the organization to know whether its drug development portfolio supports different business goals and objectives. 4 Project Scope Statement Template SCOPE DESCRIPTION We seek to develop a portfolio performance report for BL & Diamond pharmaceutical Ltd. As such, this project will evaluate both the commercial value and the risk structure of BL & Diamond pharmaceutical Ltd drug development projects. The project will also determine whether all company’s programs are implemented in line with the best program portfolio management practices. The project is designed to take a two months. The project is also estimated to cost a total of $30,000. In the course of this project, the project team will mainly seek to assess the income derived from BL & Diamond pharmaceutical Ltd project portfolio, the major risks affecting BL & Diamond pharmaceutical Ltd, effects and cost of risks on portfolio performance, and the best portfolio management practices exhibited in BL & Diamond pharmaceutical Ltd. HIGH-LEVEL PROJECT REQUIREMENTS The performance report development project is expected to be successful. The table be shows the requirements that the project’s final product should meet so as for the project objectives to be fully satisfied. Req. No. Requirement Description 1 The ability to evaluate performance for different drug development portfolio. 2 The project team’s ability to track project status 3 The ability to establish the risk associated with the drug development. 4 The ability to report on projects as required by the company 5 Project Scope Statement Template PROJECT BOUNDARIES The program performance report project for BL & Diamond pharmaceutical Ltd will have the following project boundaries; • Assumptions • Scope of works • Exclusions • Work breakdown structure • Project deliverables • Constraints • Project objectives • Product specification These project boundaries will be linked to the project objectives. Project boundaries will define the project in relation to the expected results. It will ensure that results are measurable and auditable a trait that that relates to the project. Definition of project boundaries will help the project teams and stakeholders to execute their duties and responsibilities. These project boundaries have been aligned to project team accountability, essential project phases, project goals as well as project scope. PROJECT STRATEGY The project management will adopt a whole-team approach. This approached helps in ensuring that every team member will be held equally responsible for the quality and success of the project. As such, the project manager will assign a members specific tasks where such persons will be best skilled. This approach will be essential in the attainment of the project objectives because team member will operate collaboratively as opposed to in isolation. 6 Project Scope Statement Template PROJECT DELIVERABLES The following table describes the major project deliverable for the program performance report development project. Major Deliverable Deliverable Description Project Charter This deliverable will be used to identify the project need, cost, project duration as well as to create acceptance to begin project. Project Management Plan This deliverable will be used by the project stakeholders to better understand project risk, issues and other project related information. Project Schedule The project will offer stakeholders and project team with an understanding of tasks to be completed as well as the timeframes associated with those specified tasks Requirements Review This will comprise of a walkthrough carried out by the company business analyst to achieve approval from company management and project sponsor to the proposed project requirements User Acceptance Testing Will be carried out by the project manager, business analyst, and QA that constitutes business acceptance of the product 7 Project Scope Statement Template Major Deliverable Deliverable Description Deployment Plan This will establish the stakeholders and project team tasks necessary to move information gathered into a final report. ACCEPTANCE CRITERIA The main project acceptance criteria will include the team’s ability to stick within the budget. Implementing all project work within the confines of the project scope. In addition, the project success can be also measured by the timeliness of the project. Thus the project team is expected to meet project deadlines, and meet all project requirements. Furthermore, the other success criterial will be the ability of the team to manage, organize, and structure the project to meet the project goals and objectives. In addition, in the event that all decisions were collectively supported by the project stakeholders and sponsors this will be considered a project success. PROJECT CONSTRAINTS The major project constraints for this project is time. The company need the program performance report within the shortest time possible. The project team is required to successfully complete the project within two months. PROJECT ASSUMPTIONS The project team established a number of assumptions that were essential in establishing an environment as well as the foundation for planning and estimating. Some of the assumptions listed for this project include that the project team will staying within the set budget of $30,000. That the BL & Diamond pharmaceutical Ltd will offer labor and necessary equipment as well as technical capabilities fully and successfully complete the project on time as well as within the 8 Project Scope Statement Template already established standards. The project team also assumes that the project will be completed within 2 months. COST ESTIMATES The project budget will mainly be made through cost estimates. The estimates will done through top bottom approach so as to ensure that the cost does not exceed the proposed budget of $30,000. The table below shows program performance report project cost estimates. Expense Labor Travel Research Research facility costs Data Collection Communication Material and Supplies Publication Estimated Budget $12,000 $2,500 $5,000 $1,500 Expended to Date $0 $0 $0 $0 Estimate to Complete $11,000 $2,000 $6,000 $1,500 $500 $1,500 $4,000 $0 $0 $0 $500 $1,500 $3,500 $0 $0 $500 $3,000 $0 $2,000 $1,000 Variance $1,000 $500 ($1000) $0 COST BENEFIT ANALYSIS Will an estimated budget of $30,000 and a two months’ timeframe, BL & Diamond pharmaceutical Ltd stands to benefit greatly from the final report. This is because the report will provide the company will a true picture of the performance of its drug development portfolio. The company will be able to understand the drug that performs well by providing greater return to the company. At the same time, the report will identify any instances of weak point of the different on one or more of its drug development portfolios. This will help it in adopting measures meant to control and ensure that all drug portfolio contribute to the success of the BL & Diamond pharmaceutical Ltd. This will prevent the company from incurring losses associate with portfolio non-performance. Thus, implementing this project has high potential to benefit BL & Diamond pharmaceutical Ltd beyond the cost it will incur. 9 Project Scope Statement Template SPONSOR ACCEPTANCE Approved by the Project Sponsor: __________________________________________ 10 Date: ___________________ QSO 680 PROJECT CHARTER Customer logo here Project Name: Project Charter Company logo here Project Name: Project Charter File name: Project Charter.docx Print date 05.05.16 Page 2 of 18 Customer logo here Project Name: Project Charter Project: Project Name Title: Project Charter Company logo here Document number: Version 0.1 Document status: Draft Author: Doe, John Responsible: Date created: 18 October 2018 Protection class: "For internal use only" Document history Version Date 0.1 18 October 2018 Author Comment/Change Draft Page File name: Project Charter.docx Print date 05.05.16 Page 3 of 18 Customer logo here Project Name: Project Charter 1 Background/Project purpose or justification 2 Goals 2.1 2.2 Goals Scheduling goals/milestones 3 Project product description 4 Delivery units 4.1 Delivery units/services 5 Project success criteria 6 High-level risks 7 Key stakeholders 8 Assumptions, restrictions and external dependencies 9 Responsibility of the customer 9.1 9.2 Company logo here Tasks Resources and staffing 10 Project category 11 Project budget (overview) 12 Project startup 13 Project end 13.1 Signatures for release File name: Project Charter.docx Print date 05.05.16 Page 4 of 18 Customer logo here Project Name: Project Charter Company logo here 1. Background/Project Purpose or Justification BL & Diamond pharmaceutical Ltd is a multinational corporation based in the US. It operates in the larger pharmaceutical industry. The company seeks to engage in a project to develop program performance report. The project will assess the performance of different company’s drug development portfolio performance. BL & Diamond pharmaceutical Ltd engages in many drug development portfolio that the management seeks to understand their performance, value and risk associated with them. As such, this project will evaluate both the commercial value and the risk structure of BL & Diamond pharmaceutical Ltd drug development projects. The project will also determine whether all company’s programs are implemented in line with the best program portfolio management practices. 2. Goals The primary goals of this project is to develop a program performance report. File name: Project Charter.docx Print date 05.05.16 Page 5 of 18 Customer logo here 1.1 Project Name: Project Charter Company logo here Goals Goal Description Financial The project will assess the income derived from BL & Diamond pharmaceutical Ltd project portfolio. Risks The project will determine the major risks affecting BL & Diamond pharmaceutical Ltd Risk Effects The project will or determine the effects and cost of risks on portfolio performance Best portfolio The project will also establish the best portfolio management practices practices exhibited in BL & Diamond pharmaceutical Ltd portfolio management. File name: Project Charter.docx Print date 05.05.16 Page 6 of 18 Customer logo here 1.2 Project Name: Project Charter Company logo here Scheduling Goals/Milestones Schedule Description Current Assess different project portfolio to determine the percentage of work proportion of complete. project complete Planned start and completion dates Examine the start and completion dates for the remaining project tasks. Open project Issues Examine the state of the existing or open project issues such as project members’ conflict, and resource shortages. Open project risks Assess the current state of open project portfolio risks. Tasks scheduled Assess the number of project portfolio scheduled tasks and the resources available for their completion. Tasks Completed Assess the completed project portfolio tasks and the state of the completed task. Project health and overall percent complete Determine the overall state of the project and the actual total completed work. Project summary Develop a project summary including every project aspect assessed and its status. A well-defined state of project portfolios’ risks. File name: Project Charter.docx Print date 05.05.16 Page 7 of 18 Customer logo here Project Name: Project Charter Company logo here 3. Project Product Description Product Scope Description The project involves communication of critical project achievement, outcome, challenges and risks. It will comprise of data collected regarding project portfolio progress, resource utilization, risk analysis and will forecast future progress and status tasks. The program performance report will also include the company’s project portfolio progress toward attainment of the projects’ goals and objectives. Reporting on activity-specific outcomes will help the company’s management understand the state of different aspects of the project such as utilization of funds, project issues and risk as well as project needs. It will also identify the best practices used in the management of the project portfolio. 4. Delivery Units The following are the critical project deliverables of the program performance report whose completion will mark the report preparation completion. File name: Project Charter.docx Print date 05.05.16 Page 8 of 18 Customer logo here 1.3 Project Name: Project Charter Company logo here Delivery Units/Services Delivery Unit Description/Comment Executive The program performance report will comprise of a well formulated Summary executive summary that will briefly communicate the state of all project portfolio aspects. Introduction The section will describe the BL & Diamond pharmaceutical Ltd project portfolios. Discussion The report will discuss the findings from the examination of different drug development project portfolio aspects. Conclusion Well-developed conclusion describing the state of the project would be developed. The conclusion will sum up everything about the state of the projects. Recommendatio Recommendations will be clearly outlined n Appendices Different program appendices about program status would listed. 5. Project Success Criteria This section outlines the quantifiable criteria that have to be fulfilled so that the project can be performed successfully. File name: Project Charter.docx Print date 05.05.16 Page 9 of 18 Customer logo here Project Name: Project Charter Company logo here Project Success Criteria Project completed within the set duration Project completed within project budget. Project objectives well accomplished. Have well describe project recommendations. Complete and high quality program performance report File name: Project Charter.docx Print date 05.05.16 Page 10 of 18 Customer logo here Project Name: Project Charter Company logo here 6. High-Level Risks Risk Possible Impacts on the Project Unclear project This would result to increased project costs, time wastage and schedule & unclear focus on the wrong thing. deadlines Employee lack Would result to lack of critical information needed to prepare cooperation. the program report. Poor communication Hinder project team coordination and resulting to inability to work together as a unit. This may result to delays 7. Key Stakeholders The following are key stakeholder in the implementation of project objectives. File name: Project Charter.docx Print date 05.05.16 Page 11 of 18 Customer logo here Project Name: Project Charter Company logo here Name Role Project Manager Responsible of leading the team and defining project objectives and goals. Helps the team to work as a unit and assists in resolving project members’ conflicts. Project team Help in collecting data and analyzing. members Risk Assess the status of project risks and determine if there is any cause for Management worry. expert Project Sponsor Monitors project progress, support the project team with all necessary resources through the project manager Program Critical in assessing the level of achievement of program objectives Management through effective project implementation. File name: Project Charter.docx Print date 05.05.16 Page 12 of 18 Customer logo here Project Name: Project Charter Company logo here 8. Assumptions, Restrictions and External Dependencies The following are the assumptions on the basis of which project review, plans, and approaches are defined for the project. A R E Item R A The project will only have 9 members Complete information is available and easy to access. R Budget will be limited to $150,000 A Accuracy in project schedule dates A Project will be complete in time. R Completion date 31 December 2018 A = Assumption R = Restriction E = External dependency 9. Responsibility of the Customer The following are the key customer responsibility in this project. However, the customer responsibilities are limited as shown below. File name: Project Charter.docx Print date 05.05.16 Page 13 of 18 Customer logo here 1.4 Project Name: Project Charter Company logo here Tasks Task Comment Feedback on drugs Customer’s opinion Contact regarding the company services. Market information Info relating to other manufacturers. 1.5 Resources and Staffing Resources/Staffing Comment Feedback on customer Customer feeling towards a services service given by our Contact employees Provision of employee Customer provides recruitment pool candidates for employment. File name: Project Charter.docx Print date 05.05.16 Page 14 of 18 Customer logo here Project Name: Project Charter Company logo here 10. Project Category According to the relevant requirements and experiences in the company, the project is classified based on the following predefined features. Project Category Project Categories: Category C C Projects: Complexity Low Risk & Impact on Low B Projects: Average A Projects: High High Average Company Strategic Low Average High Generally 5–10 Generally 10–20 Generally > 20 Up to six months 6–12 months 6–24 months Importance Number of Persons on Project Project Duration File name: Project Charter.docx Print date 05.05.16 Page 15 of 18 Customer logo here Project Name: Project Charter Company logo here 11. Project Budget (Overview) The financial framework within which the project has to operate is described here. Area Amount Project $120,000 Subproject $30,000 File name: Project Charter.docx Print date 05.05.16 Page 16 of 18 Customer logo here Project Name: Project Charter 2 Company logo here Project Startup The project is deemed started with the following signatures: Representative of Steering Committee Customer Project Manager BL & Diamond pharmaceutical Ltd Doe, John 18 October 2018 18 October 2018 Signature Name Date 18 October 2018 File name: Project Charter.docx Print date 05.05.16 Page 17 of 18 Customer logo here Project Name: Project Charter 3 Company logo here Project End Planned Project End: 31 December 2018 3.1 Signatures for Release The project manager is released with the signatures provided here following the project closing phase: Representative of Steering Committee Customer Project Manager BL & Diamond pharmaceutical Ltd Doe, John Signature Name Date File name: Project Charter.docx Print date 05.05.16 Page 18 of 18
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