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This video tutorial covers the development of a project charter and includes a sample template. A project charter is used to initiate a project, typically being the first document created once a project is assigned. It can also be referred to as a Project Initiation Document (PID) in Prince2 terminology. The project charter assigns you to the project, making it clear that you are responsible for it. This document helps ensure that everyone involved knows who owns the project and can provide assistance if needed.