todolist # 9 Document a project charter
In todolist #1 to # 8 we discussed about the sections of a project charter and covers;
- Business case of the project
- Product vision
- The key stakeholders are identified
- The roles and responsibilities of the key stakeholders are defined
- The constraints, assumptions and dependencies are documented
- The flexibility matrix is defined
- The key milestones are identified
- The major risks are identified
Some key points to be rememberd about project charter
- Project charter is is owned by the project sponsor or by the representative of the senior management.
- In practice, the project manager may document the charter, and the sponsor approves it.
- Once approved by the sponsor, all changes to it should be re-approved by the sponsor
- Project charter gives authority to the project manager. Project charter is the only document, where the project manager's roles and responsibilities are documented and approved by the sponsor
- Like any other artifact in a project, the project charter also can change, when the project progresses.
A project charter will ensure that, only well thought out projects, which are in true alignment to the organizational strategies, and value systems.