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**Project Title:** Legacy System Assessment Partnership
**Objective:**
To conduct a comprehensive assessment of Party B's current legacy system by Party A, identifying strengths, weaknesses, and proposing recommendations for improvement.
**Scope:**
The assessment will encompass all aspects of Party B's legacy system, including but not limited to software, hardware, security, and operational processes.
**Key Deliverables:**
1. Detailed assessment report highlighting the current state of the legacy system.
2. Recommendations for improvements and potential areas for optimization.
3. Risk analysis and mitigation strategies.
**Roles and Responsibilities:**
- Party A: Conducting the assessment, analyzing data, and preparing the final report.
- Party B: Providing necessary access, documentation, and information required for the assessment.
**Timeline:**
The project will commence on [start date] and is expected to conclude by [end date]. Milestones and progress updates will be communicated regularly.
**Communication Plan:**
Regular meetings will be scheduled bi-weekly to discuss progress, address concerns, and ensure effective collaboration.
**Resource Requirements:**
Party B will provide access to necessary systems, documents, and personnel during the assessment period. Both parties will allocate dedicated resources for effective communication.
**Budget:**
The estimated budget for this project is [specified amount], covering resources, tools, and any unforeseen expenses. A detailed breakdown will be provided upon project initiation.
**Approval:**
This project charter is subject to approval by both Party A and Party B. Any changes to the charter will require mutual agreement.
**Signatures:**
[Authorized representative of Party A] Date: [Date]
[Authorized representative of Party B] Date: [Date]
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