Description
The project charter is a document that formally authorizes a project or phase. The project charter defines the reason for the project and assigns a project manager and his or her authority level for the project.
Document Description
The contents of the charter describe the project in high-level terms, such as:
- Project purpose
- High-level project description
- Project boundaries
- Key deliverables
- High-level requirements
- Overall project risk
- Project objectives and related success criteria
- Summary milestone schedule
- Preapproved financial resources
- Key stakeholder list
- Project approval requirements
- Project exit criteria
- Assigned project manager, responsibility, and authority level
- Name and authority of the sponsor or other person(s) authorizing the project charter
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