^ [[5 Initiating Phase]] # 5.4  Project Charter The [[Project Charter]] provides a basis for the **more detailed project planning**. It defines the project’s **objectives** (i.e. scope, time, cost, [[quality]]), high-level **requirements**, **risks** and **constraints**, as well as the project **milestones** and **deliverable(s)**. The charter is a key element of the project approval process (along with the [[Business Case]]). It includes the what, how and when fundamentals of the project and **provides a baseline** against which progress can be measured. Although the Project Charter can be initiated by the Business Manager (BM), it is ultimately the **responsibility of the Project Manager (PM)** to complete it and submit it for approval. ![[Table 5.4 - Project Charter.png]] ## Inputs - Project Initiation Request - Business Case ## Guidelines - The Project Charter should be **brief** so that it can be sent **to project stakeholders** as soon as possible, and so that it is easy for them to **review** and understand. - Avoid presenting detailed requirements. Instead present **high-level needs and features**. - **Detailed requirements** may be captured in other artefacts (e.g. in a Requirements Document), or **in an appendix** to the Project Charter to be **elaborated during the planning phase**. - Ensure that **input** from all concerned project **stakeholders** is considered. - Ensure that once created, the Project Charter is **updated and distributed as required**. ## Steps 1. The Business Manager (**BM**) will first consult the main project **stakeholders** and takes part in drafting the Project Charter. 2. The Project Manager (**PM**) is **responsible** for delivering the document. 3. The main project stakeholders review the Project Charter and the Project Steering Committee (**PSC**) **accepts** it. 4. The Project Owner (**PO**) sends the Business Case and Project Charter to the **appropriate decision-making body** for additional **approval**, if needed. 5. The **appropriate decision-making body** evaluates and **accepts or rejects** the Project Charter. ![[Fig 5.6 Project Charter inputs and main roles.png]] ![[Table 5.4 - Project Charter - Related artefacts.png]] ## Outputs - Project Charter (PM2 Template) ___ Spanish Guide: [[5.4 Acta de Constitución del Proyecto]] <-- [[5.3 Business Case]] --> [[5.5 Phase Gate RfP (Ready for Planning)]]