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[Music] develop projects charter is an initiating process a project charter is essentially a document that authorizes a project once a project has received a charter it means that the project manager can start employing the organizations resources for the project activities let us look at the key inputs to be considered in preparing the project Charter the first input is the project statement of work this is created by project sponsor or the customer describing their needs project scope and how the project fits into their strategic goal if the project is taken up under a contract the request for proposal that is RFP can be considered as project statement of work the next input is the business case this document establishes whether the investment in a project is worth from a business point of view the business need for the project and the cost benefit analysis it provides important information to the project manager about the goals of the project and the boundaries in terms of the des
