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A project charter is one of the first documents you create to describe a project's purpose. It's an essential piece of information that helps develop a shared understanding among a project's key stakeholders. But if you're new to drafting this document, don't worry.

In 1215, the earliest famous example of a charter was the Magna Carta, which established the rights of the people of England. Colonial charters occurred in the 16th and 17th centuries and established the Thirteen Colonies of America. Today, most corporations need to be granted a charter to be legally recognized.

The six main parts of a project charter are an overview, an outline of the project's scope, an approximate schedule, a list of anticipated risks, an estimated budget, and a list of key stakeholders. Overview: Outline what the project entails and what it should accomplish.

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 document is a legal document granting specific rights and responsibilities to a group of people. These include institutions, colonies, cities, and corporations. A charter is a formal outline of how an institution is supposed to be established by its structure and purpose.

What goes into a Project Charter? Project background. Include a few paragraphs about what the project is for and what problem it is trying to solve. ... Project objectives. Include a list of the project objectives. ... Benefits. ... Stakeholders. ... Initial risks and issues. ... Initial budget. ... Initial timeline.

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.