A Project Charter is a document that presents the objectives, schedule, costs and potential risks of a future project and lists the stakeholders involved. It is a key asset in the project management process and helps improve both project planning and execution.
The Project Charter can also act as a contract between the project sponsor, key stakeholders, and the project manager. In Customer Relationship Management the Project Charter is referred to as Project Definition Report.
Project Background: describes the business case and help identify the project. Here you should write about the reasons for undertaking the project.
Scope and Objectives: here you should present your plan to solve the issue at hand.
Project Schedule: you should elaborate on and set dates for the key milestones of the project. A milestone can be anything from team forming to quality checks.
To authorize the project
Help keep the project in scope during execution
Pitch the project to sponsors
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