Introduction
Initiating a project usually involves writing one of two documents; a Project Charter or a Project Initiation Document (PID). Now a great many things happen during initiation. High level scope is determined, deliverables set and budgets estimated. If these aren't investigated and documented effectively it can adversely impact the entire successful delivery.
Well, to have a quick overview on the project you want to start, the Project Charter is the document that will give you a way to reflect before time about the scope, deliverables, schedule, cost, stakeholder involved and in general on the main processes and governance required.
A project charter is a central document that defines the fundamental information about a project and is used to authorize it.
In a nutshell, a charter provides a picture of where you are going, why you are going there, who will be impacted, the main risks involved, and who is going to help you. It’s crucial that the charter not only establishes basic information, but also that it reflects the key stakeholders’ common vision.