The project you select must meet the following criteria: Defining the Project It must

The project you select must meet the following criteria: Defining the Project It must fit the definition of a project as described in the PMBOK Guide glossary and text. It must be real or realistic.It

The project you select must meet the following criteria:

Defining the Project

It must fit the definition of a project as described in the PMBOK Guide glossary and text.

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  • It must be real or realistic.
  • It should be large enough for a dedicated organizational commitment (preferably a capital investment) but not too large for one organization to accomplish (minimal outsourcing).
  • It must fit into one of the “nonnumeric model” categories as described in the course textbook.
  • It must be subject to evaluation through numeric models as described in the course textbook.

Based on your research and project selected, create a project charter as described in Section 4.1 of the PMBOK Guide. The project charter should include the following:

  • An outline of the information indicated in Section 4.1.
  • All items indicated in the PMBOK Guide for which at least some elemental information exists at this point.
  • Highlights on how the project you selected meets the selection criteria listed earlier.
  • A description of the major components of the strategic management process.
  • An explanation of the role projects play in the strategic management process.
  • How are projects linked to the strategic plan?
  • An explanation of the impact of classifying projects as either compliance, strategic, or operations projects.
  • An explanation as to why return on investment (ROI) should not be the sole metric used to choose projects.
  • A discussion of the pros and cons of the checklist versus the weighted factor method of selecting projects.

Submission Details:

  • Provide your answers in a 3- to 4-page Microsoft Word document, using APA style.
  • Support your responses with examples and research.
  • Name your document SU_MGT3035_W1_LastName_FirstInitial.doc.

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