MASTER Your Project CHARTER | HOW To MAKE a PROJECT CHARTER | PMP
MASTER your Project CHARTER | HOW To MAKE a PROJECT CHARTER | PMP
OUTLINE:
0:00:00 Learning to Make a Project Charter
0:00:40 Understanding Project Charter
0:01:36 Significance of a Project Charter
0:02:36 Components of a Project Charter
0:06:44 Gathering Information for Your Charter
0:08:14 Reviewing and Signing-off
0:08:53 Lets Recap!
A project charter is a foundational document that officially authorizes a project, defining its purpose, scope, objectives, key stakeholders, and high-level requirements. It serves as a formal declaration that the project exists and provides the project manager with the authority to apply organizational resources to project activities. Creating a project charter involves gathering critical information, such as the project's business case, objectives, constraints, and assumptions. It also outlines the key roles and responsibilities, identifies stakeholders, and establishes the project’s initial budget and timeline. The charter acts as a guiding document throughout the project lifecycle, ensuring alignment with organizational goals and setting the stage for success. For PMP aspirants, understanding how to craft a project charter is vital, as it’s often tested in situational questions that assess one's ability to define the project’s direction and secure stakeholder buy-in right from the start.
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