Project Charter 2025

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The sooner you know who they are, the sooner you can build a productive stakeholder management plan. Project Manager: Leades the process of drafting the charter and ensuring clarity. Project Sponsor: Offers initial direction and approvals on the projects alignment with overall organizational goals.
The PMBOK Guide, 3dEdition defines a project charter as a document issued by the project initiator or sponsor that formally authorizes the existence of a project, and provides the project manager with the authority to apply organizational resources to project activities. (PMI, 2004, 368) The key word in this
The six main parts of a project charter are an overview, an outline of the projects scope, an approximate schedule, a list of anticipated risks, an estimated budget, and a list of key stakeholders. Overview: Outline what the project entails and what it should accomplish.
The author is typically the Project Manager for the project. If somebody else authors the charter, the Project Manager will still provide a signature that they agree to execute the project ing to the documented parameters.
The project charter serves as a reference point and guide for stakeholders throughout the project, providing a clear understanding of the projects goals and boundaries. The project charter is typically signed off by the project sponsor, symbolizing the organizations commitment to the project.
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Who Writes the Project Charter? In most cases, the project charter is written by the project manager. However, there is one more key player in preparing this document- the sponsor. The sponsor is the main initiator and supporter of the project.
Once an project request has been created, the projects sponsor, stakeholders (project team) and a CIS business analyst will work together to write the project charter. This article outlines each section of the project charter and provides examples to aid in the creation of the document.

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