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In this featured article, the author Rita Mulcahy, gives a clear view about what a
project charter is. She defines its purpose and what it should contain.
As per her, the project charter is a formal document recognizing the existence of the
project. It authorizes the project and the project manager. It is issued by the projects
sponsor in the initiating process but may also be created by the project manager. It
defines the high-levels requirements for the project and links the project to the
ongoing work of the organization. The project charter gives the project manager and
his team the high level scope, schedule, and resource window from which it operates.
As the project evolves, if the project charter changes, the changes have to be
approved by the sponsor. The project charter documents the overall objectives of the
project, helps manage the expectations and dramatically reduces the risk of a project
being cancelled due to lack of support or perceived value to the company.
The project charter should contain the following:
ReadingResum.doc
L.Bartlett
- Project Approval Requirements: it identifies what items need to be approved for
the project, and who will have sign-off.
- High Level Project Risks: lists potential threads and opportunities for the
project.
- Signature and Approval: in order to make the project official and to give
authority to the Project Manager, the charter requires a signature from the
sponsor.
4. How do you rate the article? 5. Relevant to you and/or your environment?
6. Brief explanation of how this article does (or could) relate to you and/or your project
environment:
ReadingResum.doc
L.Bartlett