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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.

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.

While the formatting and presentation of a project charter may vary ? from a few paragraphs to as long as 50 pages, it's often recommended to keep it short (less than 5 pages.)

What goes into a Project Charter? Project background. Include a few paragraphs about what the project is for and what problem it is trying to solve. ... Project objectives. Include a list of the project objectives. ... Benefits. ... Stakeholders. ... Initial risks and issues. ... Initial budget. ... Initial timeline.

Project Charter Template The template has various sections where you can provide general project details. In the Project Overview section, specify the problem(s) that the project aims to solve, as well as its purpose, business case, goals, metrics, and expected deliverables.

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.

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.