Project Charter Document

Project Name: Medical Inventory Optimization

Industry: Manufacturing
Department: Market Analysis
Product/Process: Data Analysis

Prepared By
Document Owner(s) Project/Organization Role
GUJJIDI NAGABHUSHANARAO Data Analyst

Project Charter Version Control

Version Date Author Change Description
1.0 09/04/2024 G. Document created
NAGABHUSHANA
RAO

Confidential
Document1
Last printed on 14/09/2021 11:48:00 AM
Project Charter

TABLE OF CONTENTS
1 PROJECT CHARTER PURPOSE ........................................................................................... 3

2 PROJECT EXECUTIVE SUMMARY ....................................................................................... 3

3 PROJECT OVERVIEW ............................................................................................................ 4

4 PROJECT SCOPE................................................................................................................... 4

4.1 Project Deliverables .................................................................................................... 4

4.2 Deliverables Out of Scope .......................................................................................... 4

4.3 Project Duration (start date: 15/09/2021 End date: 05/10/2021) ................................ 4

5 PROJECT CONDITIONS ........................................................................................................ 5

5.1 Project Assumptions ................................................................................................... 5

5.2 Project Issues – Fill it as and how project progresses. ............................................... 5

5.3 Project Risks – Identify if there are any risks that you foresee. .................................. 5

6 PROJECT REFERENCES – ANY PREVIOUS PROJECTS YOU HAVE REFERRED. IF

YES, PLEASE SHARE THE DETAILS. .................................................................................. 6

7 APPROVALS ........................................................................................................................... 6

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Project Charter

1 PROJECT CHARTER PURPOSE

The project charter defines the scope, objectives, and overall approach for the work to be
completed. It is a critical element for initiating, planning, executing, controlling, and assessing the
project. It should be the single point of reference on the project for project goals and objectives,
scope, organization, estimates, work plan, and budget. In addition, it serves as a contract between
the Project Team and the Project Sponsors, stating what will be delivered according to the budget,
time constraints, risks, resources, and standards agreed upon for the project.

2 PROJECT EXECUTIVE SUMMARY

● Business Problem
● Business Objective
● Business Constraint
● Success Criteria:
o Business Success Criteria
o Economic Success Criteria
● Data Collection: Update this section after the research is done.
● Scope: If you are doing this for any specific department of the organization then please
mention the same.
● Assumptions: E.g., Data will be provided by customer, Cloud & GPU will be provided by
customer
● Risks: E.g., Required data might not be available; Server connectivity might be weak,
etc.
● Costs: Project cost – You can do assumptions by putting [number of hours * number of
human resources (cadre wise) * hourly cost]
● Timeline: High level timeline of the project. E.g., Project will be for 20 to 25 days.
● Approach: Data Analytics Project Management Methodology

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Project Charter

3 PROJECT OVERVIEW

4 PROJECT SCOPE

4.1 Project Deliverables

Milestone Deliverable
• Identifying Constraints ● Deliverable 1.1—Identifying Constraints and design
and design the project the project architecture.
architecture, explore ● Deliverable 1.2—Explore various public forums to
various public forums to collect relevant data.
collect relevant data, ● Deliverable 1.3— Data Preparation
Data Preparation.
• EDA and Descriptive ● Deliverable 2.1— EDA and Descriptive Analytics
Analytics ● Deliverable 2.2— Insights documentation
• Show case and review, • Deliverable3.1 – show case and review.
Final Presentation and • Deliverable3.2 – Final Presentation and
documentation, documentation
Handover and KT. • Deliverable3.3 – Handover and KT

4.2 Deliverables Out of Scope

• Web Application
• Mobile App
• Cloud based deployment

4.3 Project Duration (start date: 15/09/2021 End date: 05/10/2021)

Date Confidence
Project Milestone Estimate Deliverable(s) Included Level
• Identifying [15/09/2023] ● Deliverable 1.1—Identifying [High]
Constraints and - Constraints and design the
design the project architecture.
[21/09/2023] ● Deliverable 1.2—Explore
project
architecture, various public forums to
explore various collect relevant data.
public forums to • Deliverable 1.3— Data
collect relevant Preparation
data, Data
Preparation.

• EDA and [22/09/2023] ● Deliverable 2.1— EDA and [High]

Descriptive - Descriptive Analytics
Analytics ● Deliverable 2.2--- Insights
[30/09/2023] documentation

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Project Charter

• Show case and [01/10/2023] • Deliverable3.1 – show case [Medium]

review, Final - and review
Presentation • Deliverable3.2 – Final
[05/10/2023]
and Presentation and
documentation, documentation
Handover and • Deliverable3.3 – Handover
KT. and KT

5 PROJECT CONDITIONS

5.1 Project Assumptions

● Data will be extracted from public sources and then client provided data is mapped and
finally one master data will be shared by Innodatatics for further analysis.
● Dashboards and insights are mandatory.

5.2 Project Issues – Fill it as and how project progresses.

Priority Criteria

1 − High-priority/critical-path issue; requires immediate follow-up and resolution.

2 − Medium-priority issue; requires follow-up before completion of next project
milestone.
3 − Low-priority issue; to be resolved prior to project completion.
4 − Closed issue.

# Date Priority Owner Description Status & Resolution

1 High
2 High

5.3 Project Risks – Identify if there are any risks that you foresee.

# Risk Area Likelihood Risk Owner Project Impact-Mitigation Plan

1 [Project [High/Medium
Risk] /Low]
2 [Project [High/Medium
Risk] /Low]

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6 PROJECT REFERENCES – Any previous projects you have

referred. If yes, please share the details.

Project Description
[

7 APPROVALS
Prepared by __________________________________
Project Manager

Approved by Sharat Chandra M____________________

Project Sponsor

__________________________________
Executive Sponsor

__________________________________
Client Sponsor

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