Learn how to create a project charter to obtain approval and proceed to the planning phase.
- [Voiceover] The ultimate outcome of the initiating phase is formal authorization for a project. A Project Charter presents that authorization to the world along with a brief sales pitch for the project. Here's what typically goes into a project charter. The name of the project, the purpose of the project a short summary of its goal and objectives will do. A high-level project description which may include things like high level success criteria, requirements, scope, risks, assumptions and constraints, a milestone schedule, cost estimate, and list of stakeholders.
Remember you'll flesh out all of these components once you start planning your project. You also include information about the Project Manager. The Project Manager's name. The Project Manager's responsibilities including a brief description of the work the project manager does. The extent of the Project Manager's authority and the specific work the project manager has authority to perform such as requesting resources or signing contracts.
Finally, the charter includes a formal declaration of the Sponsor's support for the project. Think of this declaration as a power of attorney given to the Project Manager by the Sponsor or Customer. You might wonder why a Project Charter describes the Project Manager's authority. It's because project manager's don't have the kind of authority that managers in structured organization do. Project Manager's authority lasts as long as the projects they manage and applies only to those projects.
For that reason, it's important that people understand what a Project Manager is authorized to do. When the Project Charter is ready to go the project sponsor distributes it to everyone affected by, or in some way, involved in the project. To solidify your understanding of this important project management document, consider creating a project charter for your current project or one you managed in the past. Once the project has been authorized, and your authority as project manager is common knowledge you're ready to begin planning the project.
Bonnie Biafore has always been fascinated by how things work and how to make things work better. In this course, she explains the fundamentals of project management, from defining the problem, establishing project goals and objectives, and building a project plan to managing team resources, meeting deadlines, and closing the project. Along the way, she provides tips for reporting on project performance, keeping a project on track, and gaining customer acceptance.
Lynda.com is a PMI Registered Education Provider. This course qualifies for professional development units (PDUs). To view the activity and PDU details for this course, click here.
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- Defining the components of a project
- What it takes to be a project manager
- Using project management software like Microsoft Project
- Managing project scope, budget, and schedule
- Managing project resources, including people
- Managing project risk
- Initiating a project
- Identifying and managing stakeholders
- Identifying requirements and deliverables
- Developing a project plan
- Building a project schedule
- Assigning resources to tasks
- Understanding the critical path
- Running the project
- Managing teams
- Monitoring performance
- Closing a project
Skill Level Beginner
Project Management Foundations: Communicationwith Doug Rose1h 47m Appropriate for all
Project Management Foundations: Budgetswith Bob McGannon1h 11m Appropriate for all
1. Getting to Know Project Management
2. Exploring Project Management Knowledge Areas
3. First Things First
How to develop requirements4m 19s
4. Developing a Project Plan
5. Building a Project Schedule
6. While You Run the Project
7. Working with Teams
8. Monitoring and Controlling Progress and Performance
9. Closing a Project
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