Devry PROJ586 Week 1 Course Project Latest 2015 NOvember

Project Name Project Number Project Team Prioritization Owner(s) Start Date Scheduled Completion Date NOTE: Remove this note and all instructions in the template for a business professional document. Mission/ Purpose What is your project going to accomplish? How does this project relate to overall strategic goals and objectives of the company?Is it part of a program or larger project? Project Description and Project Product What will this project create? What are the outcome products being created with this project? At a high level how do you plan on completing the work required for this project?List at least five high-level deliverables (outputs) that will be generated from the execution of this project. This section will help to prepare for your project scope and WBS later in the course. Objectives What objective is this project designed to meet? List a high-level objective statement for the overall project“and” at least three to five goals required to meet this objective. These must be measurable. For example: If an objective of the project is to cut costs then by how much will costs be cut? Business Need Why should we do this project?What will be gained changed or modified?Is there a financial or business reason to do this project?Explain in detail how this project will be beneficial to the project owner. Milestones What are the key milestone dates associated with the project?Milestones may show the completion of a set of major deliverables or phases.List at least 10 milestones and provide estimated end dates for each.Milestones must have associated dates. Budget What is the estimatedbudget for this project? Do not research your project cost; this is an estimate. This does not need to be close to your project’s actual costs when your project planning is complete in Week 6.This is an order of magnitude estimate. Estimated Labor Estimated Materials Estimated Contractors Estimated Equipment and Facilities Estimated Travel Total Estimated Cost User Acceptance Criteria What are the minimum success criteria as defined by the key stakeholders?How will you monitor and measure the project quality? How will the project owners determine if the project is a success or not? These must be detailed and measureable. High-Level Project Assumptions What are the assumptions on which the project is based? What seven to ten statements do you believe to be true or will become true about the project but cannot be sure at this time? High-Level Project Constraints What are the major limiting factors that affect the project?What eight to tenrules regulations requirements laws processes or procedures are you bound by on this project? Exclusions and Boundaries What are the boundaries of the project? To ensure that your project scope is constrained identify eight to ten things that will beexcluded from the project plans.What items will be not be included in the project? Major Risks What are the major risks affecting the project? List a minimum of seven to ten risks. These risks must occur during the project not after the project finishes or before the project starts. The risks defined should be directly associated with the project implementation. KEY STAKEHOLDERS Project Manager Authority Level Project Core Team Subject Matter Experts (SMEs)(What resources will you need with special expertise?) APPROVALS Type Name Signature Date Project Manager Approval Customer/Sponsor Approval