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The project charter is a crucial document in project management. It lays out the project's purpose, objectives, stakeholders, risks, resources, and dependencies during the project planning stage. Here, you’ll learn what’s included in the project charter and how to write one for your latest project. Table of Contents What is a project charter? How to write a project charter. What’s included in a project charter? Benefits of a project charter. Manage your project with confidence. Frequently asked questions. What is a project charter? A project charter is a short, straightforward document that serves as the foundation for a project. The project charter functions as both the project’s internal marketing tool and reference guide. Everything that stakeholders need to know about why a project needs to happen should be contained within the project charter. This document: Draws up the business case Outlines the benefits Identifies the resources needed to carry it out A charter should contain all the details decision-makers need to know. With potentially many other projects on the company to-do list, senior stakeholders need you to show them why yours has the potential to succeed, and so be deserving of the resources you’re requesting access to. Difference between project charters and project plans. There are some similarities between a project charter and a project plan, but the most obvious difference is the order in which they’re created. Project charter. Serves as the business case for executing the project. Rather than the ‘how’ of a project, it’s the ‘why’. A charter is the document you’ll need to get your project authorized, so no work should be done until the project charter has been signed off. Project plan. This is the ‘how’ of your project. It’ll include timelines, scope of work and other more project management-oriented elements. It’s where you lay out the work that needs to happen and by whom. Project brief. Briefs land somewhere between the charter and plan. It should serve as an at-a-glance guide for stakeholders who want to know why a project is being executed, as well as how you intend to carry it out. How to write a project charter. You shouldn’t expect to be able to begin a project unless you’ve completed the project charter. It’s what senior decision makers will use to sign off on a project. First, project managers should hold a high-level discussion with their team and use this opportunity to gather information and insights from them. Since they’re the people who are being entrusted with executing the project, their expertise will be invaluable at this stage. With that information, you’ll be able to determine the scope of the project and what the work will, and equally importantly, won’t, set out to achieve. In your project charter, set out the key personnel tasked with completing the project. Include team members, stakeholders and any relevant teams who will be jumping on-board at relevant points. Once teams have a good idea about the overall direction of the project, including stakeholder expectations, they can

Project. Creates a project roadmap. One of the main purposes of your project charter is to establish expectations and vision for the project. Whenever the team has doubts about the project’s direction, they can look to the project charter for guidance. Markets the project to stakeholders. A well-drafted project charter serves as your project’s principal internal marketing document, which you can show to stakeholders, managers, executives, and clients to help justify the cost, secure resources, and gain buy-in. Prevents scope creep. Project charters give clear definitions to the scope of a project. They help minimize the risk of needing to move working boundaries at any stage, which could otherwise result in scope creep, wasted resources and time, and even risk project failure. Authorizes project kickoff. Project managers will use the project charter as the authorization they need to begin adjusting workflows, redirecting resources and spending budget. Without the green light, these moves will cause confusion and delay within the project teams. Provides company continuity. When projects change hands, or new workers are replaced or recruited, the project charter acts as a vital part of keeping your timelines and objectives on track without the need to adjust too dramatically. Manage your project with confidence. Writing a project charter requires a bit of time and attention up front, but the investment will be well worth the effort. Your project charter will serve as a guiding document that keeps the team aligned to a common vision and boosts stakeholder confidence in your project. Take a product tour of Adobe Workfront today and start managing your projects the right way. Frequently asked questions. What is the definition of a project charter? A project charter is a short document used in project planning to outline the key aims and benefits of a project. It’s an at-a-glance guide to why a project is taking place. It’s used both as a marketing tool, useful to get buy-in from stakeholders, and a reference point to keep the project on track. If your project has strayed from the objectives in its charter, then it may have lost direction. What’s the difference between a project charter and project scope? Unlike a project charter, project scope includes granular detail about a project’s requirements for success. This could include budgets, deliverables and work breakdown structures (WBS). A project charter is mainly focused on the need-to-know aims and benefits of the project. However, both project charter and project scope statements can be used as a reference point to keep a project on track and ensure it doesn’t stray from its original plan. Can you update a project charter during a project? It is uncommon to update a project charter during a project. This is because project charters are signed off before the execution phase of the project lifecycle. Changing the charter halfway through a project could change the overall project’s objectives, which could make a lot of work already completed redundant.

Are you getting ready to spearhead a lean six sigma project?Unsure of how to create your first project charter to kick everything off?Whether you’re new to six sigma or you’re just brushing up on your skills, this guide can help you create a project charter that all but guarantees success for you and your team.Today I’ll touch on why every six sigma project starts with a project charter and later show you how to create one in less time with a free template at the end of this guide.To start, here's a brief overview of what a lean six sigma project charter is (and why it's worth your time).If you’re already familiar with one, you can skip ahead to the must-have ingredients your project charter needs now. Want to learn more about the Lean Six Sigma methodology? Check out this ebook that will guide you through the key concepts of LSS.What is a Lean Six Sigma Project Charter?Since every lean six sigma project starts with a project charter, this is the first step to take before you do anything else.But what exactly is it?A lean six sigma project charter outlines key details, goals, intentions, and many other essential components of your project like a roadmap.It’s also used as a contract between the team implementing the project and the person funding it, which is known as the sponsor.This project charter helps lay out expectations, including milestones and expected deliverables, to keep everyone on schedule and in the loop, including both shareholders and team members.To make sure your six sigma project charter includes everything you need, follow the tips in this next section.7 key ingredients to a successful Six Sigma Project CharterCreating a project charter from scratch can seem daunting at first, but with the help of this breakdown, you’ll have a better idea of how to tackle one with ease.Before creating your first one, here are a few considerations you’ll want to keep in mind: A project charter should give additional information and details about how the project will or should unfold. It should keep your team focused, on schedule, within budget, and in sync with the goals of the project and your business targets. Try to anticipate surprises by including crucial high-level resource/time estimations, so nothing comes up when implemented.Essentially, a successful charter helps your project run as close to hiccup-free as possible.Some of the critical elements in a six sigma project charter include: Defining the purpose, or “why” of the project Pinpointing a start and target end date Setting objectives and goals Estimating resources needed Defining the roles and required support from upper managementSince this is just a high-level overview, let's dive in deeper to understand each specific element.You’ll

, /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter"), which operates the Spectrum brand, today reported financial and operating results for the three and twelve months ended December 31, 2024. Fourth quarter total Internet customers decreased by 177,000. As of December 31, 2024, Charter served 30.1 million Internet customers.Fourth quarter total mobile lines increased by 529,000. As of December 31, 2024, Charter served 9.9 million mobile lines, with 2.1 million mobile lines added in 2024.As of December 31, 2024, Charter had a total of 31.5 million customer relationships, excluding mobile-only relationships.Fourth quarter revenue of $13.9 billion grew by 1.6% year-over-year, driven by residential mobile service revenue growth of 37.4%, advertising sales revenue growth of 26.4%, other revenue growth of 14.6% and residential Internet revenue growth of 0.9%.Net income attributable to Charter shareholders totaled $1.5 billion in the fourth quarter. For the year ended December 31, 2024, net income attributable to Charter shareholders totaled $5.1 billion.Fourth quarter Adjusted EBITDA1 of $5.8 billion grew by 3.4% year-over-year.For the year ended December 31, 2024, revenue of $55.1 billion grew by 0.9% year-over-year. Full year 2024 Adjusted EBITDA totaled $22.6 billion, 3.1% higher than in 2023.For the year ended December 31, 2024, capital expenditures totaled $11.3 billion and included $4.2 billion of line extensions.Full year 2024 net cash flows from operating activities totaled $14.4 billion, in-line with the prior year.Full year 2024 free cash flow1 of $4.3 billion increased from $3.5 billion in the prior year, primarily due to higher Adjusted EBITDA and a favorable change in working capital excluding mobile devices, partly offset by higher cash interest and a non-recurring item in the first quarter of 2024.For the year ended December 31, 2024, Charter purchased 4.3 million shares of Charter Class A common stock and Charter Holdings common

Bruno, who spoke at the groundbreaking event, said it was tremendous to see how much community support there is for Burns SciTech. “Building Hope has worked on hundreds of charter school projects around the country, and the community support for this school is truly exceptional.”Burns Science and Technology Charter School is housed at the site of the former W.F. Burns Elementary School, which was closed in 2008. Community leaders, educators and parents worked tirelessly to keep the building intact. In late 2010, Volusia County Schools and the Charter Evaluation Committee recommended approval for Burns Science and Technology Charter School’s charter.The new site of Burns SciTech High School is directly beside the existing school and is scheduled to be completed before the start of the 2022-2023 academic year.For more information about how Building Hope helps charter schools nationwide with facilities, financing, and operational services, visit www.buildinghope.org.About Building HopeBuilding Hope is a non-profit foundation created to support public charter schools. Since 2003, Building Hope has grown the capacity of charter schools nationwide by providing facilities, financial, and operational services, so schools can focus more time and resources on educating students. Building Hope has supported 300 charter school projects and 150,000 students in 20 states and the District of Columbia, by providing more than $363 million in direct loans, credit enhancements, and equity investments to support $1.9 billion in school construction.More News From Building Hope