The Project Management Institute (PMI) defines a project charter as “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.” It may also be referred to as a project brief or project definition document. What is a project charter, and why is it important?Ī project charter is a document that details your project’s goals, benefits, constraints, risks, stakeholders, and even budgets. Let’s take a closer look at what a project charter is, why it’s important, and how to create one for your projects. But it’s not always easy for your team and stakeholders to make sense of it all when they’ve got limited time to spend on the details.Ī project charter acts as a reference guide for successful project delivery so you can get everyone up to speed and on board with the project more quickly. Getting a new project off the ground involves a lot of documentation-from project requirements and scope documents to risk assessments and project plans.Īs a project manager, you’re used to sifting through project paperwork.
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