Artifact: Project Charter
Project Charter

Purpose

A project charter formally authorizes the existence of a project, and provides the project manager with the authority to apply resources to project activities.

Relationships

Description

Main Description

The project charter is a statement of the scope, objectives and participants in a project. It provides a preliminary delineation of roles and responsibilities, outlines the project objectives, identifies the main stakeholders, and defines the authority of the project manager. It serves as a reference of authority for the future of the project. Establishing the project charter is a crucial first step to formalize the project. It establishes a foundation for the project by ensuring that all project participants share a clear understanding of the project goals and agree on how the objectives will be achieved.

Brief Outline

The Project Charter contains the following information and is signed by the Project Sponsor and the PMO Director:

·         Project Name

·         Date

·         Subject

·         Project Manager

·         Vision Statement

·         Problem Statement

·         Objectives

Criteria for measuring success of the project

Illustrations

Key Considerations

This is not a required artifact. It is only required for projects deemed necessary by the ISD Business Segment Director, CIO or CTO.

Much of the information for the Project Charter can be obtained from the Project Initiation Request, if one has been completed prior to the project’s initiation.