4.0 Project Integration Management
4.1 Develop Project Charter
This process formally authorizes the existence of a project and provides the project manager with the authority to apply resources towards project objectives. A well defined project charter establishes boundaries, creates a formal record of the project and also is a record for top management to formally accept the project.
It is imperative that project managers and teams clearly define the project charter and plans. It must align with stakeholders and customer objectives. A lack of adequately developing a project charter increases risks and project failure
Figure 2 from the PMBOK 5th ed, Develop Project Charter: Inputs, Tools and Techniques and Outputs. by PMI, 2013. p 66
4.1.1 Statement of Work (Input): This was homework from PMGT 614, WBS 1.7. This homework assignment shows in context at statement of work. This artifact was used as an input for Developing a Project Charter input.
4.1.2 Expert Judgement (Technique): Expert judgement is applied to all techniques and management details during this process. This is a short essay to explain how expert judgement is applied and used as a useful technique for this process.
4.1.3 Project Charter (Output): The only output for this process is the project charter. This artifact shows how the project is formally authorized and promotes the project. This document is the actual initiation for a project. This artifact is a project charter developed and used for a group assignment.