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Project Charter

1. What is Project Charter?

2. When should we use Project Charter?

3. Where will get the authorization for the Project Charter?

4. Who are the person in charged for Project Charter?

5. Why do we need Project Charter?

6. How do we use Project Charter?

1. What is a project charter ?

The project charter is a document that officially starts a project or a phase. It formally authorizes the existence of the project and provides a reference source for the future. The charter gives a direction and a sense of purpose to the management from start to end.

2. When do we create a project charter?

As per the Project Management Body of Knowledge (PMBOK) guide, the project charter is created during the "Define" process . This process is one of the first ones to be performed in a project and is completed during the "Initiating" process domain

3. Where will get the authorization for the Project Charter?

In the official meeting with the project manager, sponsorship and stakeholders.

4. Who are the person in charged for Project Charter?

The PMBOK Guide, 4th edition (new one) states: “Projects are authorized by someone external to the project such as a sponsor, PMO or portfolio steering committee. The project initiator or sponsor should be at a level that is appropriate to funding the project. They will either create the project charter or delegate that duty to the project manager. The initiator’s signature on the charter authorizes the project”

5. Why do we need Project Charter?

Basic purpose of a project charter is to authorize the project manager to start the approved project and allow him to use organizational resources to accomplish the objectives of the project.

6. How to prepare Project Charter?

There are 5 steps in order to prepare the Project Charter. The steps are as below:-

I.            Know the Project Vision. The first measure taken when determining a Project Charter is to identify the project vision. The vision minimizes the purpose of the project and is the fixed end goal for the project team.

II.            Describe the Project System. The succeeding step is to identify how the project will be structured by listing the clients, stakeholders, functions, responsibilities and reporting lines.

III.            Arrange the Approach to Implementation. You now have a solid definition of what the project requires to accomplish and how it will be arranged to accomplish it. The succeeding step is to distinguish the implementation approach as follows.

IV.            List the Dangers and Troubles. The last step needed to complete your Project Charter is to specify some project dangers, issues, premises and constraints related to the project.

V.            Complete the Project Charter by attaining the signatures of those person related to the project in order to make the Project Charter authorized.