

Empowers the project manager to lead the project.Creates a common vision and shared understanding of the project.Formally authorizes the project to commence.A project charter also provides several benefits: The main reason every project needs a project charter at the very start is because without it, there is no proof or official document that an authorized project manager defined and presented a project and gained its approval from stakeholders to proceed. Each of these component helps define the reasons for the project, explains how it improves the business, enumerate what steps are necessary to complete, and identifies the stakeholders responsible for the project. A charter should have six main components that frame the document. Try Smartsheet for FreeĪ project charter is a living document outlining the issues, targets and framework of a process improvement effort.
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Therefore, it serves as a formal announcement that a new approved project is about to commence. The document provides key information about a project, and also provides approval to start the project. It is is an essential deliverable in any project and one of the first deliverables as prescribed by the PMBOK Guide and other best practice standards. Project charters outline the entirety of projects to help teams quickly understand the goals, tasks, timelines, and stakeholders. Tools for planning and upholding a project charterĪ project charter is a short document that explains the project in clear, concise wording for high level management.The project charter is similar to that for your project. But you need to know how many passengers you have, the cost of the trip, and your destination. When you initially charter a plane, you don’t need to provide a seating chart or list of names to the airline company.
