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In this video tutorial, the focus is on developing a project charter, which is used to initiate a project. The project charter is typically the first document created once a project is assigned, and it assigns ownership of the project to an individual. PMP certified individuals may be familiar with project charters, but not everyone may have developed one. Some organizations may refer to it as a PID (project initiation document) using prince2 terminology. The project charter serves to assign ownership of the project and clarify who is responsible for it.
