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a project charter. A project charter is essential because it defines the project, its objectives, and establishes key stakeholders. It should be detailed enough to provide clear direction but not overly complex. A project charter typically includes project background, objectives, scope, risks, resources, and a timeline. The process of drafting a charter involves gathering input from key stakeholders, creating a draft, reviewing and finalizing it, and obtaining sign-off. To help you get started, a free project charter template is available for download at the end of the video.