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In this video tutorial, the presenter introduces the concept of a project charter and provides a sample template for creating one. A project charter is used to initiate a project and is typically the first document created when a project is assigned. The charter assigns you to the project, making it clear that you are responsible for it. This document may also be called a project initiation document (PID) in some organizations using prince2 terminology. The project charter is intended to ensure clarity of ownership and facilitate assistance from others when needed.