Instant Science

Here you can find some personal reflections on issues concerning my professional interests.

These include Business Process Management, Organization Design, and the use of information technology in a wide sense.

Disclaimer: This blog is not an official Gartner publication. The content represents my personal point of view, but not necessarily the official standpoint of my employer.

Any comments are welcome!

Thursday, November 11, 2010

What is a project charter good for?

A project charter issued by senior management formally authorizes the initiation of a project and gives the project manager authority to apply organizational resources to project activities and tasks. It includes a description of business needs and how the project will address those needs.
Though limited to a high-level overview in its initial form, the charter should provide sufficient detail to perform the actions or reference a separate business case that has the following:
  • Shows alignment to enterprise strategy, goals and priorities
  • Illustrates how the project deliverable will meet specific business requirements
  • Establishes clear success criteria based on measures of client satisfaction
  • Identifies funding sources and high-level costs
  • Identifies qualitative benefits and translates to quantitative measures
  • Establishes appropriate interval(s) for updated cost estimates
  • Examines assumptions (such as system performance or skills needed)
  • Identifies risks and prepares mitigations
  • Factors risks against cost and benefit
  • Selects the project's guiding principles and methodologies
  • Communicates control mechanisms to stakeholder

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