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(upbeat music) - Getting a new project off the ground involves a lot of documentation, from project requirements and scope documents to risk assessments and project plans. As a project manager, youre used to sifting through project paperwork, but its not always easy for your team and stakeholders to make sense of it all when theyve got limited time to spend on the details. Thats where a project charter comes in. A project charter acts as a reference guide for successful project delivery so you can get everyone up to speed and onboard with the project more quickly. Lets take a closer look at what a project charter is, why its important, and how to create one for your projects. A project charter is a document that details your projects goals, benefits, constraints, risks, stakeholders, and even budgets. It may also be referred to as a project brief or project definition document. The Project Management Institute defines a project charter as a document issued by the project initi