The project charter is an official, brief document describing a project in its totality, including its stakeholders, its objectives and how these will be realised. It is a deliverable used throughout the project life cycle, and therefore it is considered an essential part of the project planning.
The project charter includes:
- Project purpose or goal
- Measurable project objectives and related success criteria
- High-level requirements
- High-level risks
- Summary milestone schedule
- Summary budget
- Stakeholder list
- Project approval requirements (i.e. what constitutes project success, who decides the project is successful, and who signs off on the project)
- Assigned project manager, responsibility, and authority level
- Name and authority of the sponsor or other person(s) authorizing the project charter
Read about the how-to guide, examples and templates of a project charter!