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Project Charter

This project charter outlines a project to establish a new lease management system for Pak Gulf Leasing Company. The previous system was not generating required reports. The new system will automate the lease process, including generating quotations, schedules, and reports. It must be implemented before the new fiscal year begins on July 1, 2019. Key requirements include procuring new hardware, selecting software, training employees, and installing the system on time and within budget of 3.5 million rupees. Potential risks include using two systems in parallel during transition and ensuring resources and vendor support.

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342 views

Project Charter

This project charter outlines a project to establish a new lease management system for Pak Gulf Leasing Company. The previous system was not generating required reports. The new system will automate the lease process, including generating quotations, schedules, and reports. It must be implemented before the new fiscal year begins on July 1, 2019. Key requirements include procuring new hardware, selecting software, training employees, and installing the system on time and within budget of 3.5 million rupees. Potential risks include using two systems in parallel during transition and ensuring resources and vendor support.

Uploaded by

arooj
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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PROJECT CHARTER

Project Title: ESTABLISHMENTOF LEASE MANAGEMENT SYSTEM

Project Sponsor: PAK GULF LEASING COMPANY Date Prepared: 01-03-2019

Project Manager: Project Customer: PAK GULF LEASING CO,

Project Purpose or Justification:

The previously used Lease Management system was not working properly. It was not
generating some advance reports as per the requirements. So to fasten the process it was
important to get the new System to enable PGL to compete with other Leasing firms.

Project Description:

This project is to be implemented before the start of new financial year. Basically it is a
service which will help throughout the lease process by generating Quotations,
disbursement memos, Amortization Schedules and many other lease related reports.

High-Level Requirements:
1) APPROVAL FROM THE BOARD
2) NEW HARDWARE PROCUREMENT
3) ASSESMENT OF SOFTWARE COMPANY
4) SOFTWARE SPECIFICATIONS ASSESMENT
5) TRAINING OF EMPLOYEES
6) INSTALLATION OF SOFTWARE
7) IMPLEMENTAION OF SOFTWARE BEFORE 01-JULY-2019
8) SOFTWARE SHOULD PROVIDE RESULTS AS PER THE DEMAND OF THE PROJECT

High-Level Risks:
1) TO USE TWO SYSTEMS IN PARALLEL
2) FINANCIAL RESOURCSE UNAVAILABLITY
3) TECHNICAL SPECIFICATIONS
4) COST OVERRUN
5) VENDOR AVAILABILITY
6) INSTALLATION OF SOFTWARE

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PROJECT CHARTER

Project Objectives Success Criteria Person Approving

Scope:
Scope:
 TO ESTABLISH A LMS GOES LIVE ON TIME AND IN BUDGET SOHAIL INAM ELLAHI

Time:

TO BE COMPLETED WITHIN TIME TO GO LIVE BEFORE 01-07-2019 SOHAIL INAM ELLAHI

Cost:

3.5 MILLION </=3.5 MILLION SOHAIL INAM ELLAHI

Other:

N/A N/A N/A


PROJECT CHARTER
Estimated Budget:

ESTIMATED BUDGET IS Rs. 3.5 million

Stakeholder(s) Role
SOHAIL INAM ELLAHI CHAIRMAN (APPROVE THE BUDGET)

PERVEZ INAM MEMBER OF BOARD

SEHRISH RIAZ PROJECT MANAGER

SARA, ZAHOOR, ALI, AMAN PROJECT TEAM

Project Manager Authority Level-Medium

Staffing Decisions:

Project Manager will take the final decisions

Budget Variance and Management:


Activity cost estimates were created, including basis of estimates, using the following:
- Reserve analysis including contingencies for unplanned changes in involving vendor
deliveries

Since the project occurs fairly quickly, only two funding requirement periods are needed

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PROJECT CHARTER

Technical Decisions:

Key stakeholders will be responsible for monitoring and controlling the technical aspects of
their respective expertise – for example, the Director of Retail Products will ensure that
incoming products are up to specification, and will handle any concerns of unacceptable
quality.

Conflict Resolution:

Conflicts should be brought to the attention of the Project Manager first, who will either
escalate the issue up to the appropriate level (applicable stakeholder or Project Sponsor), or
will address and work through the issue with the person(s) bringing it forth.

Approvals:
SEHRISH RIAZ

Project Manager Signature Sponsor or Originator Signature


ESTABLISHMENT OF LEASE MANAGEMENT SYS

Project Manager Name Sponsor or Originator Name

01-03-2019
Date Date

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