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Project Charter Essentials

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Project Title and Description

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The title provides a formal name used to identify the project, and the description offers a brief overview of the project's objectives and outcomes.

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Project Purpose or Justification

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This section explains the reason for undertaking the project and why it is important, often linked to business objectives or needs.

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Measurable Project Objectives and Related Success Criteria

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Specifies clear objectives that the project aims to achieve and the criteria by which the project's success will be judged.

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Project Requirements

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Documents the high-level needs that the project must meet in order to be successful, serving as a preliminary list of customer requirements.

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Project Boundaries

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Defines what is included and excluded from the project scope, helping to manage stakeholders' expectations and clarify deliverables.

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Overall Project Risk

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Identifies potential risks at a high level and the strategies for managing them, thereby initiating the process of risk management.

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Milestone Schedule

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Outlines the major project milestones and their target dates, providing a high-level timeline for key phases and events in the project.

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Budget

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Estimates the financial resources required for the project, including a breakdown of costs and a funding schedule.

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Project Organization

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Describes the structure of the project team, outlining roles and responsibilities, as well as showing how the project will be managed.

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Change Management Plan

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Presents a preliminary approach for managing changes to the project scope, schedule, and costs, often including processes for submitting and approving change requests.

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Key Stakeholder List

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Identifies individuals, groups, or organizations that may affect or be affected by the project, including their roles and levels of authority.

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Project Manager Authority Level

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Specifies the level of authority granted to the Project Manager, detailing their decision-making capabilities and autonomy.

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Resource Allocation

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Provides a high-level view of the type and quantity of resources (human, material, etc.) assigned to the project and the allocation process.

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Project Approval Requirements

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Lists the criteria for project success and approval, including who will sign off on the project deliverables and outcomes.

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Stakeholder Communication Plan

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Outlines the strategy for communication with stakeholders, including frequency, methods, and the nature of information to be disseminated.

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