The conception or initiation phase of a project typically culminates in the preparation and publication of an important artifact – the project charter or initiation document, assuming of course that the proposed project has survived the various selection hurdles along the way. A project charter is a formal high-level written contract agreed between our project sponsor, ourselves as project manager, and sometimes other key stakeholders, that formally authorises us to commence our project.
Strictly speaking we do not have a project until our charter has been agreed, signed and published. Until the charter is finalised we only have a possible or probable project, and if we are managing a project at present and do not have a written signed charter, we should prepare one and get it signed off by the project sponsor as soon as possible. This … Read More »