Project Charter

Lovestruck Wedding Planning Agency

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Last Updated: April 8, 2023
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Purpose of Project Charter

The Lovestruck wedding planning project mission is to attract the invest to invest
in wedding planning services. The project charter will serve the overview of what
our wedding agency is planning to deliver that can help us in getting investments
in this business.

Project Charter Participants and Approvers

Name Role Responsibilities

Gurpal Singh Project Manager  Plan and develop
the concept of
business.
 To ensure and
guide others about
how we can take
our business to the
height of success.
 Selection of staff to
provide best
service.

Swedha Sharma Marketing Manager  Plan

market
research
and giving
results.
 Analyzing
that what
would
make the
business
successful.
 Creating innovative
methods to
advertise this

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business.
Ankush Kumar Procurement Manager  Predict
what things
can be
procured
and their
impact on
business.
 Making all
the needed
agreements

Manpreet Kaur Risk Manager  Predict

what can
have
positive
and
negative
impact on
business.
 Making risk
matrix
 Deciding
what to do
with risk.
 Giving
suggestions
to mitigate,
accept or
eliminate.
 Tackling with issues
created in business
.

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Project Purpose and Goals

The purpose of our project is to attract investors to invest in Wedding Planning
business. Our project is not only related to just an event, but our vision is to take
care the emotion of people that are attached to that event. The customer
satisfaction is the primary goal of our company. We will show this to our
customers that how they can free up their schedule by hiring us as their event
planner and how this business is growing at very rapid pace, and they can put
their share in this business.

 To attract investors to invest in the Wedding Planning Service

industry.
   To estimate the running costs and time required to create Wedding
planning services.
   To estimate the number of employees required to run the business.
   To provide a detailed marketing campaign to persuade investors
that this business will gain exposure.

Scope
In Scope-

This will include what services will be provided by our agency and what can be
beneficial for business.

 Analysis of the budget, planning the wedding day, and event design.
 Supplier recommendations
 Venue selection
 Entertainment on event-

Out of Scope

This will include what services will not be assisted.

 Marriage Certificate will not be responsibility of our agency.

 ‘Creation of guest list will be according to the choice of the customer.
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 Menu Selection will also be the responsibility of customers.

 A preacher to join the couple in matrimony will not be the responsibility of
our agency.

Success Criteria
The Success criterion to measure the success of our project is if our 65% of our
customers refers to another people and 35% become our investor and ready to
become our sponsor.

Constraints
 Time to start the business will be no longer than three weeks.
 Cost will be under 1,00000 dollars.
 The event team lacks experience.
 There are few social followers.
 Lack of corporate and media connections.
 Little or no recognition of the brand.

Assumptions
 Our team well known about the event organizing industry.
 Business will go within the budget.
 Advertising on social media.
 Attract the couples by providing discount.

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Budget
We intend to seek for a $50,000 loan so that we may buy the supplies we need to
get going. Within the first five years of our providing operating services, the debt
will be repaid.

The first year will be mostly devoted to paying for the appropriate insurance, legal
costs, business licenses, and credentials. Also, the beginning of our business will
require the acquisition of software services for accounting and event
administration.

Deliverables and Milestones

Deliverables Dates

Project Charter 1st February 2023

Action Plan 5th February 2023

Breakdown structure Creation 7th February 2023

Market Analysis Report 20th February 2023

Budget Analysis 1st March 2023

Stakeholder Engagement Plan 15th March 2023

Risk response matrix 30th March 2023

Quality management Plan 1st April 2023

Milestones Dates

Clients will be encouraged to 11th April 2023

become investor and will refer

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others to take our service

Investor will be encouraged by 13th April 2023

hosting meeting and showing
them our market analysis results

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