What is a project charter and which components does it typically include?

• A. A document authorizing a project and defining its scope; components include objectives, deliverables, stakeholders, roles, milestones, and budget.
• B. A list of tasks with deadlines for the project.
• C. A financial statement after project completion.
• D. A marketing brochure for sponsors.

Answer: (A)

A project charter is the document that officially authorizes a project and gives the project manager the authority to use organizational resources to carry out project work. It defines the project at a high level and sets the stage for planning by clarifying what will be done and by when. It typically includes objectives, deliverables, stakeholders, roles, milestones, and budget, providing a clear purpose, expected outcomes, accountability, and a baseline for planning and governance. This combination ensures everyone understands what the project aims to achieve and who is responsible for each part, guiding decision-making and execution. The other options describe tools or outputs for different purposes: a task list with deadlines is a detailed plan rather than the authorization document; a financial statement after completion is a post-project report; and a marketing brochure for sponsors is external communication, not the governance document that authorizes and defines the project.