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What is a project charter? A project charter is an elevator pitch of your project objectives, project scope, and project responsibilities in order to get approval from key project stakeholders. In the charter, you should provide a short, succinct explanation of the main elements of your project before you get started.

Elements of a Charter Business Case. This section describes why you are doing this project. ... Problem Statement. Here you define the problem statement. ... Project Scope. ... Goals and Objectives. ... Project Performance Measures. ... Charter Review. ... Plan ? DMAIC start/end. ... Team members commitment.

How to Develop a Project Charter 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.

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 charter generally includes a title, description, high-level estimate of necessary budget and resources, and who is responsible for the project. Project charters may also include information such as communication and visibility plans, links to project dashboards, and shared resource spaces.

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.

A project charter is a short document used in project planning to outline the key aims and benefits of a project. It's an at-a-glance guide to why a project is taking place. It's used both as a marketing tool, useful to get buy-in from stakeholders, and a reference point to keep the project on track.