Having a good and complete Project Charter is the very first step in managing a project, it serves as a key Communications Document for the project. One of the most critical and essential documents for every project is the Project Charter. It lays down the foundation for the project.Ī project charter is a document which explains about the project at a very high level and highlights the stakeholders and the approach towards the project. Complete the cells of the matrix: identify who has the R, A, C, I responsibility for each activities. Identify all of the roles involved and list them along the top of the matrix. It introduces the Project Manager to the project. Responsibility charting in a RACI matrix is straightforward: Identify all of the activities involved and list them at the left hand side of the matrix. The Project Sponsor owns the Project Charter. Project Sponsor authorizes the Project Charter, but the Project Manager usually creates it. Project Stakeholders should approve every Project Charter. Once the Project Charter is approved, it should not be changed throughout the project life cycle.Īs Rita Mulcahy writes in one of her prep books for the PMP® certification, “Do not underestimate the value of the project charter.
It is such an important document that a project should not be started without one. If the project charter serves as a definition of how success will be measured, then without a project charter, the project and project manager cannot be successful”. The Project Charter is the statement of scope, objectives and people who are participating in a project. It begins the process of defining the roles and responsibilities of those participants, Responsible, Accountable, Consulted, Informed (RACI). The RACI matrix is a responsibility assignment chart that maps out every task, milestone or key decision involved in completing a project and assigns which roles are Responsible for each action item, which personnel are Accountable, and, where appropriate, who needs to be Consulted or Informed e.g. The Charter goes on to outline the objectives and goals of the project. The charter also identifies the main stakeholders and defines the authority of the Project Manager. Many businesses nowadays, before initiating a new project require a signed Project Charter to be developed, there is no standard format but a good charter will normally contain the following:Ĭonsists of the project name, author of the charter (can be the Project Sponsor or the Project Manager, who can draft it on behalf of the Sponsor), creation date, project manager, project charter purpose, and charter version.Ī detailed project description which includes the mission of the Project and the general scope of the project, the Project Sponsor and details of the key stakeholders, and customer. The project scope this helps us better visualize the project. You would also include points such as objectives / goals. Majority of the project fails because the scope of a specific project is not defined clearly.
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