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Who approves the project charter?
The project charter is formally accepted and approved by the project sponsor and other designated stakeholders. Formal approval acknowledges the completion, review and acceptance of all the deliverables produced during the Initiate Stage.
Who should sign the project charter?
Typically signing of project charter is the responsibility of The project charter should be signed by someone with the authority to assign project resources and name the project manager, e.g. the Project Sponsor or the Senior Management but not the project managers themselves.
Who should issue the project charter?
PMBOK Definition of Project Charter: A document issued by the project initiator or sponsor that formally authorizes the existence of a project, and provides a project manager with the authority to apply organizational resources to project activities.
Who Should the project manager be working with when creating the charter?
The sponsor or the initiator signs the project charter. The PMBOK® Guide, 4th edition (new one) states: Projects are authorized by someone external to the project such as a sponsor, PMO or portfolio steering committee. The project initiator or sponsor should be at a level that is appropriate for funding the project.
What is the indication of an approved project charter?
The project charter is formally accepted and approved by the project sponsor and other designated stakeholders. Formal approval acknowledges the completion, review and acceptance of all the deliverables produced during the Initiate Stage.
What is the purpose of the project charter?
The project charter establishes the authority assigned to the project manager, especially in a matrix management environment. It is considered industry best practice. The purpose of the project charter is to document: Reasons for undertaking the project. Objectives and constraints of the project.
Who issues the project charter?
PMBOK Definition of Project Charter: A document issued by the project initiator or sponsor that formally authorizes the existence of a project, and provides a project manager with the authority to apply organizational resources to project activities.
Who creates the project charter?
According to PMI®'s PMBOK Guide (5th edition), a project charter is a document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.
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