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A project charter is a formal, typically short document that describes your project in its entirety including what the objectives are, how it will be carried out, and who the stakeholders are. It is a crucial ingredient in planning the project because it is used throughout the project lifecycle.

Project plan. 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 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.

Steps to writing a Project Charter Choose a Project Name. Identity 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.

Every project should have a charter that spells out the nature and scope of the work and management's expectations for results. A charter is a concise written document containing some or all of the following: Name of the project's sponsor. Project's benefits to the organization. Brief description of the objectives.

The project charter is a high-level initiation document that consists of only a few pages. It lists the project objectives, scope, vision, team, and their responsibilities and stakeholders. A project plan, on the other hand, is a detailed document that describes how to accomplish the project objectives.

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.