The Project Charter template defines a project's vision, scope, objectives, and overall direction.
The Project Charter serves as the foundational document for a project, defining its vision, scope, objectives, and overall direction. It grants the project manager the authority to use organisational resources and acts as a contract between the sponsor and the project team.
Key Components
Leadership & Roles
Sponsor: Provides sponsorship and high-level oversight.
Project Manager: Leads the project and has authority over organisational resources.
Objectives & Justification
Purpose & Justification: Explains why the project is initiated, including problems or opportunities it aims to address.
Objectives: Listed as OKRs (Objectives and Key Results) to provide measurable success criteria.
Scope & Constraints
In Scope: Specifies what the project includes.
Out of Scope: Outlines what is not part of the project.
Constraints: Lists known limitations like time, budget, or resources.
Assumptions & Risks
Assumptions: Outlines planning and execution premises.
Key Risks: Describes the likelihood and mitigation strategies for potential risks.
Budget
Project Budget: Details the cost structures for various phases and types of expenses.
Stakeholders
Stakeholder List: Specifies the roles and interests of key stakeholders involved in the project.
Project Timeline
Project Phases: Describes key activities and timelines across different phases like Initiation, Planning, Execution, Monitoring & Control, and Closure.
Approvals
Outlines the method for obtaining approvals from critical stakeholders such as the project sponsor.
How to Use
The Project Charter template is a guiding document for decision-making throughout the project life cycle.
It should be referenced by all stakeholders to ensure that everyone has a shared understanding of the project's purpose, scope, and success criteria.
