The most important document when you're at the very start of a new project is the project charter.
This is what we will look at today as part of my series on project management fundamentals - if you missed previous posts, we've so far covered the differences between projects and operations as well as those between projects, programmes and portfolios, the DARCI model for stakeholder engagement and how to run an effective project kick-off meeting.
Now, let's get into our topic for today.
What's a project charter?
The project charter is the formal, relatively short document that describes the most important thing about your project - its objectives, benefits to be achieved, the scope incl. key deliverables and timelines, the people to be involved, KPIs for the project and any known/expected risks.
According to PMBOK, the project charter officially authorises the project and as such, you can begin working on it as it gives you the authority to do so as the project manager.