• Business needs, a description of the project's product, or a mile-high view of the project's purpose

• The reason why the project was chartered

• The project manager and her level of autonomy

• Summary milestone schedule

• Stakeholder influences

• Functional organizations and how they'll be involved with the project

• Project constraints and assumptions (environment, external, and organizational)

• Business case for the project and the project's return on investment

• Summary project budget

Believe it or not, the project charter may be updated. For example, the summary project budget may be based on a simple rough order of magnitude estimate. As the project moves deeper into planning, the estimates become clearer and more precise. The more accurate estimate may cause the budget to grow, requiring the project charter to be modified to reflect the new information.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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