Defining the Project

Using the Internet, research, select, and scope out any project of your choice.

The project you select must meet the following criteria:

• It must fit the definition of a project as described in the PMBOK® Guideglossary and text.
• It must be real or realistic.
• It should be large enough for a dedicated organizational commitment (preferably a capital investment) but not too large for one organization to accomplish (minimal outsourcing).
• It must fit into one of the "nonnumeric model" categories as described in the course textbook.
• It must be subject to evaluation through numeric models as described in the course textbook.

Based on your research and project selected, create a project charter as described in Section 4.1 of the PMBOK® Guide. The project charter should include the following:

• An outline of the information indicated in Section 4.1.
• All items indicated in the PMBOK® Guide for which at least some elemental information exists at this point.
• Highlights on how the project you selected meets the selection criteria listed earlier.
• A description of the major components of the strategic management process.
• An explanation of the role projects play in the strategic management process.
• How are projects linked to the strategic plan?
• An explanation of the impact of classifying projects as either compliance, strategic, or operations projects.
• An explanation as to why return on investment (ROI) should not be the sole metric used to choose projects.
• A discussion of the pros and cons of the checklist versus the weighted factor method of selecting projects.

Please provide your answers in a 3- to 4-page Microsoft Word document.

Support your responses with examples.

Cite any sources in APA format.