4.1 Project Charter
A project charter clearly defines a project definition in order to bring a project team into necessary agreement. A project charter consists of a mission statement, including background, purpose, and benefits, a goal, objectives, scope and assumptions and constraints.
PMI® defines the project charter as a document issued by senior management that provides the project manager with the authority to apply organizational resources to project activities.
Many organizations develop the charter by having the major stakeholders in the project, including those stakeholders who control project resources, agree on a mission statement for the project, some high-level objectives, a cost and schedule target, and what the constraints and assumptions used for planning are.
By signing the charter the stakeholders agree that they understand and will support the project.
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