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Project Charter Elements Project Overview. The project overview gives a summary of the project. ... Project Objectives. The project objective is vital information that explains the project's purpose. ... Project Scope. ... Project Schedule. ... Project Risks. ... Project Budget. ... Project Stakeholders. ... Project Approval Requirements.

A project charter is a formal document delineating the project's purpose, scope, stakeholders, objectives, and comprehensive plan. This document should guide all subsequent decisions and actions. Essentially, a project charter is like a project's roadmap.

Project plans. A project charter should only include three elements: your project objectives, scope, and responsibilities. Once your charter has been approved, you should then create a project plan. Your project plan builds on your project charter to provide a more in-depth blueprint of the key elements of your project ...

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.

In 1215, the earliest famous example of a charter was the Magna Carta, which established the rights of the people of England. Colonial charters occurred in the 16th and 17th centuries and established the Thirteen Colonies of America. Today, most corporations need to be granted a charter to be legally recognized.

Definitions (source: Westlaw: Black's Law Dictionary (9th ed. 2009).) charter, n. (13c) 1. An instrument that establishes a body politic or other organization, or that grants rights, liberties, or powers to its citizens or members <Charter of the United Nations>.

The most famous charter, Magna Carta (?Great Charter?), was a compact between the English king John and his barons specifying the king's grant of certain liberties to the English people.

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.

A proprietary charter was issued to a single person, the proprietor, who was in charge of the colony. For example, King Charles II issued a proprietary charter to the Duke of York, who established the colony of New York, and one to William Penn, who established the colony of Pennsylvania.

Char·?ter. 1. a. : a grant or guarantee of rights, powers, or privileges from an authority or agency of a state or country. a state bank charter.