Sample Project Charter

Fish meal venture:

Problem:

Unutilized wasted raw materials / Scarcity of fish meal plant

Proposal:

Joint venture with a fishmeal corporation that takes care of the fish entrails or waste by processing them into fish meal and fish oil, which are used in other industries.

Benefits of joint venture:

a. Higher yield fish meal product --- the close proximity between the fish meal plant and

canned sardine manufacturing facility eliminates the

extra handling and transport wastage.

b.. less manpower --- the integration of the two plants can eliminate job duplication by

using the same manpower to effect two different kinds of

product manufacture.

c.. less initial investment --- the integration of fish meal plant into the manufacturing facility

of canned sardine saves the investors from burdening themselves

with initial cost of erecting civil structure for such purpose in

an individual location.

d.. Higher quality product assured --- since the recoverable production waste is

immediately processed into by products such as fish

meal, this eliminates any further deterioration of the

raw wastes quality when it is to be delivered to an

individual fish meal plant located elsewhere.

e.. less production fuel cost ---- since both facilities utilize a similar...