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  • Project Charter: What Is It?

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    Shariful Islam
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    The project charter formally authorizes a new project. It is prepared by the project manager with input from functional and technical leads, and approved by the project sponsor. The charter provides a preliminary description of the project's objectives, scope, roles and responsibilities. It identifies stakeholders, budgets, schedules and serves as the reference document authorizing the project manager throughout the project. A kick-off meeting is then held to align all stakeholders on the project commencement, introduce participants, and cover topics like milestones, risks, assumptions, and communication plans.

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    Project management Execution

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    Week- 3

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    The project charter formally authorizes a new project. It is prepared by the project manager with input from functional and technical leads, and approved by the project sponsor. The charter provides a preliminary description of the project's objectives, scope, roles and responsibilities. It identifies stakeholders, budgets, schedules and serves as the reference document authorizing the project manager throughout the project. A kick-off meeting is then held to align all stakeholders on the project commencement, introduce participants, and cover topics like milestones, risks, assumptions, and communication plans.

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    © All Rights Reserved
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    6 views8 pages

    Project Charter: What Is It?

    Uploaded by

    Shariful Islam
    The project charter formally authorizes a new project. It is prepared by the project manager with input from functional and technical leads, and approved by the project sponsor. The charter provides a preliminary description of the project's objectives, scope, roles and responsibilities. It identifies stakeholders, budgets, schedules and serves as the reference document authorizing the project manager throughout the project. A kick-off meeting is then held to align all stakeholders on the project commencement, introduce participants, and cover topics like milestones, risks, assumptions, and communication plans.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 8

    Project Charter

    What is it?
    • A project charter is a statement of the scope,
    objectives & participants in a project
    • It provides a preliminary description of roles and
    responsibilities, outlines the project objectives,
    identifies the main stakeholders, and defines the
    authority of the project manager
    • It serves as a reference of authority for the future of
    the project

    Why is it required?
    • It legally authorizes the beginning of the project
    Project Charter [2/3]
    Who prepares it?
    • A Project Manager prepares it, with the consent of
    His/Her Functiona/Technial leads.

    Who approves it?


    • Usually Project Sponsor approves it.

    When is it done?
    • It is done before formally commencing the project.
    Project Charter [3/3]
    What does it contain
    üReasons for undertaking the project
    üObjectives and constraints of the project
    üIdentifies main stakeholders
    üProject organization
    üOut-of-scope items
    üEarly Risks identified
    üTarget project benefits
    üHigh level budget and spending authority
    üDates
    üDependencies
    Kick-Off
    Kick-Off - Why

    To align all
    To formally kick-off To Introduce all
    stakeholders on the
    the project participants
    commencement
    Kick-Off - Participants
    • Project Sponsor
    • Functional & Technical lead
    • All team members
    • Vendor team
    Kick-Off -
    Topics
    Show Participants’ list

    Project Organization

    Share initial Milestones & Timeline

    Highlight Risks & Issues

    Show Assumptions

    Communication matrix

    Escalation matrix

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