The project charter:
A.
Establishes that organizational structure with the project.
B.
Expresses upper management commitment to the project.
C.
Provides that authority by which the project will be run.
D.
Specifies overall objectives and timeframe of the project.
E.
All of the other alternatives apply.
4.1.3.1 Project charter
The project charter is the document issued by the project initiator or sponsor that formally authorizes the
existence of a project and provides the project manager with the authority to apply organizational resources to
project activities. It documents the business needs, assumptions, constraints, the understanding of the customer’s
needs and high-level requirements, and the new product, service, or result that it is intended to satisfy, such as:
• Project purpose or justification,
• Measurable project objectives and related success criteria,
• High-level requirements,
• Assumptions and constraints,
• High-level project description and boundaries,
• High-level risks,
• Summary milestone schedule,
• Summary budget,
• Stakeholder list,
• Project approval requirements (i.e., what constitutes project success, who decides the project is
successful, and who signs off on the project),
• Assigned project manager, responsibility, and authority level, and
• Name and authority of the sponsor or other person(s) authorizing the project charter.
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