Table 2. Project charter Problem... | Emerald Publishing

Table 2.

Project charter

Problem statement	Goal statement	Project scope
Significant cash deficit in the previous 18 month lead to company to spend lot of money in bank interest	€120,000 savings per year	The project is scoped for suppliers’ management
Project metric/CTQ	Project team	Project timeline
y: Creditor days at cash critical times. Defect = invoice paid at less than contract terms in cash-critical month	- Black belt (J.B.) - Master black belt (R.S.) - Sponsor (F.V.) - Finance team (2 people) - Purchasing team (2 people)	6 month

Problem statement	Goal statement	Project scope
Significant cash deficit in the previous 18 month lead to company to spend lot of money in bank interest	€120,000 savings per year	The project is scoped for suppliers’ management
Project metric/CTQ	Project team	Project timeline
y: Creditor days at cash critical times. Defect = invoice paid at less than contract terms in cash-critical month	- Black belt (J.B.)- Master black belt (R.S.)- Sponsor (F.V.)- Finance team (2 people)- Purchasing team (2 people)	6 month

Source: Own elaboration