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Essentially, the charter contains an overview of the project scope and the project scope statement breaks it down into more detail. The scope should be clear and concise. There should be no ambiguity around what the outcome of the project will be.

1. It defines the goals, objectives, and basic purpose of the work (all of which will ultimately feed into your project plan). 2. It creates a shared understanding of the project's goals, objectives, and resourcing requirements, before you start scoping these out further and in more depth.

How to Develop a Project Charter Identify the project vision. Identify the stakeholders and the customers. Create an organizational chart. Define project milestones. Create a resource plan. Set the budget for the project. List down the dependencies, constraints, and risks. Lay out the implementation plan.

A project charter is a formal short document that states a project exists and provides project managers with written authority to begin work. A project charter document describes a project to create a shared understanding of its goals, objectives and resource requirements before the project is scoped out in detail.

The project charter is a high-level initiation document that consists of no more than two pages. It lists down the project objectives, scope, vision, team and their responsibilities and stakeholders. Project plan on the other hand, is a detailed document that describes how to accomplish the project objectives.

Project charter vs project roadmap A project charter looks similar to a roadmap. Project managers often use project charters to initiate a project and present its main objectives and ideas. Though, charters work well only for starting a project, while roadmaps are referred to during the entire project.

Every project should have a charter that spells out the nature and scope of the work and management's expectations for results. A charter is a concise written document containing some or all of the following: Name of the project's sponsor. Project's benefits to the organization. Brief description of the objectives.