Project charter is a document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.
Answer: Option D
Step-by-step explanation:
The project statement refers the extension, targets, and members in a project. It gives a starter depiction of jobs and obligations, traces the project destinations, distinguishes the fundamental partners, and characterizes the authority of the project director.
It fills in as a source of perspective of expert for the eventual fate of the project. The terms of reference are typically part of the project charter. A project charter should:
- Contain the pith of the project.
- Give a common comprehension of the project.
- Go about as an agreement that has done between the project support, key partners and the project group.
- The project charter is generally a short record that refers to progressively point by point archives, for example, another offering demand or a solicitation for a proposition.
- In Initiative for Policy Dialog (IPD), this archive is known as the project charter. In the client relationship, the board (CRM), is known as the project definition report.