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Lesson 2 of 9

Getting started: the charter and stakeholders

Before any work, a project needs formal approval. It starts with a business case: why do it, what will it cost, what's the return? (Remember the feasibility calculator in the systems analysis track.) If management agrees, a project charter is written.

ObjectiveAn ordering app that cuts phone orders by 60% within 6 months of launch.
High-level scopeA mobile app for stores, integrated with the ERP for stock, prices and invoices.
Budget and deadline400,000 SAR, launch before Ramadan.
SponsorThe sales director: funds the project, backs it and clears major obstacles.
Project manager and authorityMay approve spending up to 20,000 SAR without the sponsor.

Stakeholders are everyone who affects or is affected by the project. A top reason projects fail is that someone important was forgotten. We map them on a power–interest grid:

Keep satisfiede.g. the CFOManage closelye.g. the sponsorMonitore.g. suppliersKeep informede.g. sales repsInterest →Power ↑
Watch outYour job as an analyst at this stage: meet stakeholders, understand their expectations and write the initial requirements. The same skills you learned in the systems analysis track.
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