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Define what the key components of a Project Charter are. Develop a Project Charter using a project charter template (part of the research, and containing the component you mentioned) for one of the following examples:
Example 1 – Inventory levels at the West Metro inventory storage process in Scottsdale, Arizona, are consuming space, taking up asset management time, and creating cash-flow issues. The last report states inventory levels averaging 31.2 days, with a high of 45 days. These levels have exceeded the target of 25 days, 95 percent of the time since January 2012. Cost Accounting has determined that $250,000 could be saved per year if inventories were at the targeted level.
Example 2 – Manufacturing is experiencing more leakers than usual. After bottle cap placement only on liquid fill Line 3 for Product Alfa rejects due to cap leakers have increased 28 percent since Jan 8, 2017. This is causing late delivery of the product and a 20 percent increase in manufacturing costs. Customers are complaining that the safety holder is failing to lock in place.