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Project Management
Project Charter
Quick Definition
A document issued by the project sponsor that formally authorises the existence of a project and provides the project manager with authority to apply resources.
Detailed Explanation
The project charter is the project's birth certificate. It documents the project's purpose, objectives, high-level requirements, key milestones, budget summary, success criteria, assigned project manager, and sponsor authority.
The charter is created during the Initiating process group and is a key input to the Develop Project Management Plan process. Without a charter, the project officially does not exist.
In PMP® methodology, the charter bridges the gap between strategic objectives and project execution — connecting the business case to the project scope.
Related Terms
Relevant Frameworks
PMBOK