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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.

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 Team Charter Describe Your Project Background. ... Define Project Mission and Objectives. ... Estimate What Project Resources Will Be Needed. ... Define Roles and Responsibilities for the Project Team. ... Describe the Team Operations. ... Outline the Project Scope. ... Establish Performance Assessment Guidelines.

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.

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.

The Team Charter statement is a combination of specific facts that are integrated with parts of the organization's vision. It must be realistic and in line with the organization's resources and personnel. It must be compelling and attainable.

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.