In: Operations Management
Discuss the elements that should be included in the project charter. What critical role does the charter play in a project?
Project charter also called scope statement is nothing but the statement that include the scope, goals, objectives and the participant of the project by providing information about the roles and responsibilities, goals and objectives, main stakeholders and project manager's authority over the project.
The elements that should be included in the project charter are: -
The main purpose of project charter created at project initiation phase is to authorize the work of the project formally to the project manager by providing him or her the authority to do his or her job. A project can start only after the formulation of project charter.