Project Charter
A project charter is a formal document that outlines the project's objectives, scope, stakeholders, risks, and overall plan. It serves as a roadmap for the project team, providing clear direction and guidance throughout the project lifecycle. The charter is typically created at the initiation phase of the project and is used to gain buy-in from key stakeholders and ensure all team members are aligned on the project's goals and deliverables. It helps to establish a common understanding of the project's purpose and sets the foundation for successful project execution.