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.