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Charter, a document granting certain specified rights, powers, privileges, or functions from the sovereign power of a state to an individual, corporation, city, or other unit of local organization.

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.

1. It defines the goals, objectives, and basic purpose of the work (all of which will ultimately feed into your project plan). 2. It creates a shared understanding of the project's goals, objectives, and resourcing requirements, before you start scoping these out further and in more depth.

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. Each of these sections should be brief, but as thorough as possible.

How to Create a Project Charter in Microsoft Word. To create a project charter in Microsoft Word, identify the project's purpose, objectives, scope, assumptions, constraints, risks, budget, team members, communication plan, and any other relevant details.

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 corporate charter, also known as a "charter" or "articles of incorporation," is a written document filed with the Secretary of State (or registrar in Canada) by the founders of a corporation. It details the major components of a company, such as its objectives, structure, and planned operations.