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Who Signs and Issues a Project Charter? The sponsor or the initiator signs the project charter. The PMBOK® Guide, 4th edition (new one) states: “Projects are authorized by someone external to the project such as a sponsor, PMO or portfolio steering committee.

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.

Project Charter Template Excel version is very useful when you need to document multiple charters for one project. This is very easy to maintain and easy to use. Project Management Charter Excel Template is created with multiple sheets for creating effective project charter template.

To create a project charter, follow the below steps. 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.

What Are the Contents of a Project Charter? A project charter should always include an overview, an outline of scope, an approximate schedule, a budget estimate, anticipated risks, and key stakeholders. Each of these sections should be brief, but as thorough as possible.

A charter document is a legal document granting specific rights and responsibilities to a group of people. These include institutions, colonies, cities, and corporations. A charter is a formal outline of how an institution is supposed to be established by its structure and purpose.

This document is called the project charter. It's similar to a business plan, but it's focused on a specific project and is much shorter. Also, a project charter is not a roadmap — it's a high-level overview of the project's purpose, goals, and expected outcomes.