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This video tutorial focuses on developing a project charter, including a sample template. A project charter is the initial document created to initiate a project, usually generated once a project is assigned. It can be created by the project manager or handed over from someone else. Understanding how to develop a project charter is essential, even for those PMP certified, as some organizations may not utilize this document, opting instead for a Project Initiation Document (PID) in accordance with PRINCE2 terminology. The charter serves to officially assign ownership of the project, ensuring that others know who is responsible and enabling assistance when needed.