|charter definition pmi||1.52||0.4||9187||86|
At the same time, the document serves these purposes: Clarify costs and resources. A project charter provides a basic estimate of how much the project will cost and which human resources it will require. ... Use as a reference for further project planning. ... Improve project communication. ... Identify potential problems. ... Allow for negotiation about project details. ...What does project charter mean?
A Project Charter is a document that, while describing the purpose of a project and its scope, it legally authorizes the beginning of the project . Any business nowadays, before initiating a new project requires a signed project charter.