Project Charter: how to elaborate with precision and consistency.

The project charter is an important document to formalize the initiation of any project conducted in a professional way. This document establishes a common understanding between the parts (stakeholders), especially the sponsors and the executors, being the basis for a formal contract that will financially enable the project development.

Beyond a high-level estimation of duration and costs, these documents need to bring some more information that makes the project goals and conditions of its execution clear, in a way its feasibility becomes tangible for both parts.

Here is important information Project Charter needs to present:

Justification ❓

Explain the reason for this project should be executed. What is the problem to be solved?

Objectives 🎯

What are the benefits to business? What is going to be improved from the current scenario?

Expected Results 🧭

What are the main deliverables from this project? Include partial deliverable that may be tangible.

Premises 📍

What is the expected situation to initiate the project execution? What is expected to be available on the first day of the project in order to initiate its activities?

Restrictions 🚫

There are constraints which reduce the choice of possibilities for the project or product action plans?

Criteria for success 🗹

When the project ends, what can be observed to infer the project was delivered and matching the expected quality?

Milestones 🚩

Checkpoints or markers within a project's timeline that indicate the completion of a major phase or the achievement of a key objective. Here you don’t need to know exactly when they are going to happen but identify what they are.

Using dotProject (www.dotproject.cloud) you may elaborate the Project Charter following the best practices guidelines.

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