What is a project charter in an IT related project environment?

What is a project charter in an IT related project environment? What is a Project Charter? Typically in an IT services environment especially when you are working in a CMM level 5 organizations you hear of this term a project charter and the first time I... More

What is a project charter in an IT related project environment? What is a Project Charter? Typically in an IT services environment especially when you are working in a CMM level 5 organizations you hear of this term a project charter and the first time I heard of it when I was with Tata Interactive Systems (www.tatainterative.com) A project charter is the single most important document in project initiation, it captures almost all the elements of a project which the manager can either fall back upon or submit reports when asked. The idea of this document is to capture key objectives which every project satisfied. In a projected environment the bottom line of the company depends on the individual profitability of each and every project and every project has some key objectives to satisfy. The project has to satisfy a certain quality objective, a certain schedule objective, it has an objective for the HR dept etc and these are set at the beginning of the project by the project manager us Less