What is the difference between a  project charter and a request for proposal. Explain the  purpose of each document in a technology‐based project environment.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
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What is the difference between a  project charter and a request for proposal. Explain the  purpose of each document in a technology‐based project environment. 

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Differences:
1. The proposal is in the planning phase, whereas the charter is in the initiating phase.
 
2. The project manager is the owner of the project charter. Still, the project director is the owner of the project proposal.
 
3. After the proposal is approved, the project charter is created. Once an idea has been conceived, the proposal is developed.
 
4. A project charter is a reference document that lays out the project's goals and gives the project manager authority to oversee the project. On the other hand, a proposal is a persuasive document that persuades stakeholders that the project should be carried out.
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