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A project charter is a formal, typically short document that describes your project in its entirety including what the objectives are, how it will be carried out, and who the stakeholders are. It is a crucial ingredient in planning the project because it is used throughout the project lifecycle.

Definition of charter (Entry 1 of 3) 1 : a written instrument (see instrument entry 1 sense 5) or contract (such as a deed) executed in due form. 2a : a grant or guarantee of rights, franchises, or privileges from the sovereign power of a state or country The charter allows for unrestricted trading.

A project charter includes an overview, the scope, an approximate schedule, an outline of necessary resources, and an estimated budget. A project manager generally writes the charter. Project sponsors approve it.

The definition of a charter is a grant of power to an organization or to an institution, defining the function, rights, obligations or privileges. An example of charter is when a college is founded and a document made to outline the policies of the college. To grant a charter to; establish by charter.

Steps to writing a Project Charter Choose a Project Name. Identity 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.

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 definition of a charter is a grant of power to an organization or to an institution, defining the function, rights, obligations or privileges. An example of charter is when a college is founded and a document made to outline the policies of the college. To grant a charter to; establish by charter.