Define project goals, scope & success metrics
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The Project Charter is a foundational document for any improvement initiative. It clearly defines the problem statement, business impact, project scope, objectives, timelines, stakeholders, and expected benefits. This ensures alignment between management and project teams before execution begins. A well-defined charter prevents scope creep and ensures focused problem-solving.
Example: In a downtime reduction project, the charter defined a goal to reduce machine downtime from 12% to 5% in 3 months, with clear KPIs and ownership. This clarity enabled faster execution and measurable results.
