Project charter is a planning tool that helps in the project planning phase. It intends t help the project manager or leader in resolving an issue or exploiting an opportunity in a pre- defined and proper way. Some of the essential elements of an effective project charter are described below.
The identity of the project
The time and schedule of the project involving the starting dates and the ending date of the projects which determine the strict deadlines for the project
The involvement of people in the project are defined along with their responsibilities