Elements of a Project Charter

Elements of a Project Charter

Introduction

The project charter documents the agreement by leaders of a small business to meet a particular business need, establishing a project structure and allocate the resources necessary to achieve the business objectives of private business. The letter serves as a means of imposing an obligation on the management of a project to use project resources to achieve the agreed objectives. The letter also forces small business leadership to make specific resources available to the project for a set period of time (Biafore, 2010).

Benefits of Project Charter

The project charter identifies the project ...