Project Charter Components (LOs: 3a)
Project Charter
A project charter covers key components that make up the charter, including the preliminary scope statement, assumptions and constraints, scope boundaries, milestones, and the preliminary budget and schedule. This information is approved by the project sponsor and then used to further define and guide the project during the planning phase.
A project charter, project definition, or project statement is a statement of the scope, objectives, and participants in a project. It provides a preliminary delineation of roles and responsibilities, outlines the project objectives, identifies the main stakeholders, and defines the authority of the project manager. It serves as a reference of authority for the future of the project.
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