PMP Study Material

            A project initiator or project sponsor external to the project issues the project charter. Project Manager should be ideally assigned during the feasibility study and definitely before planning phase. As a project manager if you did not get a project charter, you can prepare on and get it approved by Sponsor or Initiator. But as per PMBOK, It has to be prepared by  Sponsor. Also remember that the author name should be the Executive Project  Manager's or Sponsor with in your organization since they are the ones who have the power to give you the authority to use the resources.
      The project charter should have the following details

• Project Purpose or Justification
• Business need for the project
• Business case justification for the project
• High-level project description or product requirements
• Requirements that must be completed to be consider the project successful
• Stakeholder Influences
• Involvement of Other Departments
• Constraints
• Assumptions
• Summary milestone schedule(Preliminary)
• Summary Budget(Preliminary)
• Name of the project manager and authority level