PMI PMP Project Management

Answer: Only D.

The project charter is a formal document, issued by the Sponsor (not the Project Manager), granting the Project Manager authority to commit money and other resources to a project.

Since the project charter is a formal document, granting a high degree of authority, it is considered unacceptable in most project management circles to not have one.

To give the project charter shelf life, it should be high-level enough to not require frequent changes, but specific enough not to become subject to scope creep. It is not a formal project plan. Note that in some companies, project charters require a level of detail not recommended by PMI standards.

Key Take Away: Even in companies with a more informal culture, it’s important for a project manager to take the reins and be sure to employ the use of a project charter s for the benefit of the project and of the company.