What is the primary function of a project charter?

The primary function of a project charter is to formally authorize a project and outline its objectives. The project charter serves as a foundational document that establishes the existence of the project, providing an official endorsement from management or stakeholders. It outlines key components such as the project's goals, scope, stakeholders, and overall direction, ensuring that everyone involved has a shared understanding of what the project is set to achieve.

In addition to providing authorization, the project charter aligns stakeholders' expectations and serves as a reference point throughout the project's lifecycle. This clarity helps guide decision-making and project execution, enabling the project team to stay focused on the agreed-upon objectives. By establishing these elements upfront, the project charter mitigates risks and sets a clear path for planning and implementation.