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Which of the following is NOT a recommended part of the project charter, according to the Project Management Institute? Project purpose Project goals High-level project description Projected financial resources, for later approval Project approval requirements

Which of the following is NOT a recommended part of the project charter, according to the Project Management Institute? Project purpose Project goals High-level project description Projected financial resources, for later approval Project approval requirements

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Which of the following is NOT a recommended part of the project charter, according to the Project Management Institute? Project purpose O Project goals High-level project description Projected financial resources, for later approval Project approval requirements
Transcribed Image Text:Which of the following is NOT a recommended part of the project charter, according to the Project Management Institute? Project purpose O Project goals High-level project description Projected financial resources, for later approval Project approval requirements
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Step 1

Project charter is a document in project management and it lays out the project's purpose, objectives, stakeholders, risks, resources and dependencies . It functions as a project's internal marketing tool and reference guide.

Project charter include:

1. Primary objectives of the project.

2. Resources needed.

3. Project plan and timeline.

4. Cost estimate

5. Risks and issues.

6. Dependency of one part project with the completion of previous step.

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