Project Management

Sponsorship And Chartering Are Keys To Project Success

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Executive Summary

The project charter contains the scope of the project. If the project covers too many things, it may not be able to succeed in any area. With no firmly established scope, the project may cover many things and exceed goals. But this does not mean it will be to the satisfaction of the stakeholders. If the project covers about 3 to 4 process variables, then it stays within its means and can achieve good results. The selection of the project team is also important. The project needs to have the right mix and the right number of members.

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