What Is A Project Charter?
A Project Charter is a document that formally authorizes the existence of the project. It officially defines the roles and responsibilities, scope, and objectives of the project. The charter provides a direction and a sense of purpose to the project team and, also gives a project manager the authority to use the organizational resources for the project.
It is an important part of project planning as it is used throughout the project lifecycle.
To summarize, an effective Project Charter should outline the following three aspects related to the project:
What Is The Difference Between A Project Plan And A Project Charter?
Project Charter is high-level documents with an overview of objectives, scope, deliverables, and stakeholders of a project.
Whereas a project plan is quite detailed and guides the project implementation and control. It is a formal document that contains even the minutest details about the project deliverables and roadmap. The project plan has all the required information about the products, milestones, activities, and resources required for the project.
Why Have A Project Charter?
How To Write An Effective Project Charter?
The more thorough a project charter is, the better reference it will become for the future. You can include the information which you find most beneficial. Typically, below are a few things you should include in your project charter to make it more persuasive:
1. First Structure Your Vision For The Project
The vision statement must highlight the purpose and define the end goal of the project. The vision must include the following-
2. Ensure The Interests Of All The Stakeholders Of The Project Are Highlighted In The Charter
3. Showcase A High-Level Execution Roadmap Of The Project
4. Highlight Risks, Issues, and Budget
No Project Charter can be complete without highlighting the potential risks and issues that can derail a project. This section should also include assumptions and constraints related to the project.
A few Project Charter Template Examples for your reference