What is the function of a project charter?

The function of a project charter is to outline the project's purpose, objectives, and scope. This foundational document serves as a formal agreement on the project's vision, establishing the framework within which the project will be executed. It articulates what the project aims to achieve and provides a high-level view of its objectives—essentially setting the direction and boundaries of the project.

Having a well-defined project charter is crucial for ensuring that all stakeholders have a common understanding of the project’s goals and deliverables. It helps to align the team's efforts, facilitates communication among stakeholders, and serves as a reference point throughout the project lifecycle to ensure that the project stays on track with its initial intent.