Discussion Activity
The PMBOK® Guide explains the project charter as the document that formally initiates a new project. However, in my experience, the term "project charter" isn't always used. Companies use different terminology. What does your company use to initiate a new project? Does it include all the core elements of a project charter? If not, what is it missing?
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Sample Solution
In my experience, companies can have varying terms for initiating a new project. Some might use "Project Initiation Document" or "Project Brief" instead of "Project Charter." While the specific terminology might differ, the core elements of a project charter should still be present.
Full Answer Section
These core elements typically include outlining the project goals, scope, stakeholders, and high-level plan. If the document initiating a project lacks any of these crucial elements, it might be missing essential information for effective project execution.
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