11. PMP | Develop Project Charter
This PMP project management video explains about the process of Develop project charter along with ITTO, input, tools and techniques and output of this process.
Develop Project Charter is the process of developing a document, that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.
The key benefit of this process is a well defined project start and project boundaries, creation of a formal record of the project and a direct way for senior management to formally accept and commit to the project.
The project charter establishes a partnership between the performing and requesting organizations.
In a nutshell we can say this process formally initiates the starting of the project.
Let's see the Input ,Tools and techniques and ,output of develop project charter process.
Here the inputs.
Project statement of work
Business case
Agreements
Enterprise environmental factors
Organizational process assets
Tools and techniques
Expert judgement
Facilitation techniques
Here the output of this process.
Project charter