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Order ID 375798556 - Project-Charter.docx - PROJECT CHARTER...

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PROJECT CHARTERfor Industrial Tires Inc. CompanyUpgrading from Farm Tractors Tire to Regular Car Tires BusinessPrepared forBusiness NameStreet AddressCity, State, ZipAttn: Name, titleemail addressPrepared ByYour NameBusiness NameStreet AddressCity, State, Zipemail addressphone number
ContentExecutive Summary.......................................................................................................................2Project Purpose..............................................................................................................................2Business Objectives......................................................................................................................2Project Details................................................................................................................................2Requirements................................................................................................................................2Scope Statement...........................................................................................................................2Deliverables..................................................................................................................................2Estimated Schedule......................................................................................................................2Estimated Budget.........................................................................................................................3Human Resource Requirements...................................................................................................3Procurements................................................................................................................................3Risks.............................................................................................................................................4Completion Criteria......................................................................................................................4Define Project Success.................................................................................................................4Assumptions.................................................................................................................................4Constraints....................................................................................................................................4Alternatives....................................................................................................................................41Project Charter_________Initials
Stakeholders...................................................................................................................................4Project Manager............................................................................................................................5Project Authorization....................................................................................................................52Project Charter_________Initials
Insert DateEXECUTIVE SUMMARYIndustrial Tires Inc. company deals with manufacturing tires for mining trucks and farm tractors.The business is thriving in the sector of mining tracks and tire line business with remarkableprofits every year. The company aims to expand its business by meeting new market standards.However, the farm tractor tire business has not been profitable, which has made the companyexperience financial difficulties over the past few years. Through a board meeting that agreedand approved the decision to create a new line of business for regular car tires in substitution ofthe Farm tractors tire line that is not profitable. Regular car tire business is essential as it willbring the company many significant benefits. For instance, the organization will have an alreadymade and broader market base. Also, it will have a stable future for its operations and a lowercost of production.PROJECT PURPOSEBUSINESS OBJECTIVESThe objective of the project include:1.To ensure efficient transition in all departments, including production, engineering,marketing, finance, human resource, and sales from farm tractor tire to regular caretire business.2.Ensure it covers all employees' needs in the company through employee training3Project Charter_________Initials
strategic programs and mentorship initiatives.3.To increase the market position of the new business line by reaching out to newcustomers through corporate promotional deals and company collaborations.4.To maintain sales partnerships with suppliers and distributors by incorporating newbusiness requirements with their needs.PROJECT DETAILSThe organization is undergoing losses in the sector of Farm tractors tire business line.This project aims to create an operational system to enable the organization to switch to a newbusiness line selling regular tires. The project requires various changes in the different vitaldepartments. For instance, in the production department, we need new material supply, change inproduction technology, and training of employees. In the engineering department, the projectrequires the employees to be trained in new maintenance due to the new machines theorganization will acquire.

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Term
Fall
Professor
TerenceCheck
Tags
Project Management, Project Details

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