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Getting a new project started requires extensive documentation, including requirements, scope, risk assessments, and plans. Although project managers handle this paperwork, it can be challenging for teams and stakeholders to understand due to time constraints. A project charter serves as a crucial reference guide for project delivery, helping to onboard everyone efficiently. It outlines the project's goals, benefits, constraints, risks, stakeholders, and budgets, and is also known as a project brief or definition document. The Project Management Institute defines it as a document issued by the project initiator, encapsulating essential project information.
