What is a project charter?

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A project charter serves as a foundational document that initiates a project and establishes its primary objectives, scope, and key stakeholders. It is essential for providing clarity and alignment among team members and stakeholders about what is to be accomplished. The project charter typically includes the project's background, purpose, high-level requirements, key milestones, roles and responsibilities, and the overall vision of the project. This document is crucial as it authorizes the project and empowers the project manager to commit resources, thereby setting the stage for successful project execution.

While schedules of tasks, financial reports, and stakeholder lists are all important aspects of project management, they do not encapsulate the broader scope and purpose that a project charter fulfills. A project charter goes beyond mere task management or financial oversight, making it a vital component of project initiation and planning.

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