What is a Project Charter?

Project Charter

Project Charter is one of the Project Management document. This document can be considered as a framework for the Project under which the Project will operate. This document contains all critical information related to the Project.

Definition:

As per the PMBOK the Project Charter is a document issued by the Project initiator (or sponsor) that formally authorizes the existence of a project and provides the Project Manager with the authority to apply organizational resources to project activities.

What is the purpose of the Project Charter?

  1. Formally authorized the existence of the company.
  2. Defined the company’s purpose.
  3. Defined the company’s objective.
  4. Allocated resources.
  5. Defined the company’s internal governance.
  6. Defined the stakeholder’s wants and expectations.

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