The Project Charter is a one-page project overview that typically covers 5 or 6 areas and summarizes more detailed documents. It’s often one of the first deliverables required in a Leadership review and provides a reference throughout the project of your problem and goal.
The Project Charter has a few uses:
- To authorize the project in the Define stage. The sponsor must agree to this before proceeding
- As a summary document for reference throughout Leadership reviews of your project
- It is a baseline that can be used in team meetings and in change control meetings to assist with scope management
- It’s an easy, simple and effective way to communicate to stakeholders
The Project Charter will usually cover:
- The Business Case. The reasons for undertaking the project
- The Goal Statement. The objectives of the project and targeted benefits
- The Opportunity Statement. The direction of the solution
- The Project Scope. What’s in and what’s out of scope
- A High-Level Timeline. For progress and managing expectations
- The Core Project team
They don’t take long and they provide a standardised approach to communicating key information.