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A business case provides justification for undertaking a project, programme or portfolio. It evaluates the benefit, cost and risk of alternative options and provides a rationale for the preferred solution.

Steps to writing a project charter Choose a project name. Identify the purpose, objective (goal), and project specification. Set a budget. Define deliverables. Assess scope and risks. Create a timeframe or milestones. List key stakeholders. Layout team roles and responsibilities.

Project charter names and authorises the project managers of a project while a Business case justifies a company's decision on why it should take up a project. Project charter literarily is a document that authorises the project to be executed while Business case enhances the result of the project through research.

What Should Be Included in a Project Charter? A project charter includes an overview, the scope, an approximate schedule, an outline of necessary resources, and an estimated budget.

Interestingly enough, the project charter comes after the business case. This is because the project charter is about getting the project started, while the business case is about deciding if the project is worth starting at all.

All these would say that the business case should be done before the charter because once you have an approved charter then you have a project or program manager authorized to apply resources to accomplish objectives and this would expect that there is a reason (business case) to do this.

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.