Need to understand the best way to create a project charter and a project scope statement based on the information below (taken from the Project…

Need to understand the best way to create a project charter and a project scope statement based on the information below (taken from the Project Management text by Gray and Larson, 4th edition. It is based on the Conveyor Belt Project case study.Project Description:New computer-controlled Conveyor Belt ProjectThe Conveyor Belt Project should move and position items on the conveyor within This new project will produce new system for future installations and for replacement of those in the field, at a low costThe computer-controlled conveyor belt has the potential to be a critical unit in 30% of the systems installed in factoriesThe new system is also easier to update with future technologiesNOTE: PLEASE see attachment for the reaminder of the description.Project DescriptionNew computer-controlled Conveyor Belt ProjectThe Conveyor Belt Project should move and position items on the conveyorwithin This new project will produce new system for future installations andfor replacement of those in the field, at a low costThe computer-controlled conveyor belt has the potential to be a criticalunit in 30% of the systems installed in factoriesThe new system is also easier to update with future technologiesThe project Priority Matrix for the Conveyor Belt Project (CBP) is:TimeScopeCostConstrainXEnhanceXAcceptX