What are the key components of a project charter?
A well-structured project charter typically includes the following components:
- Project purpose and objectives: Why the project exists and what it aims to achieve
- Scope: What’s included (and excluded) in the project
- Stakeholders: Key individuals or groups involved
- Timeline and milestones: Major deadlines and phases
- Budget overview: Estimated costs and resource needs
- Roles and responsibilities: Who is doing what
- Risks and constraints: Potential challenges and limitations
- Success criteria: How success will be measured
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