Final answer:
The project charter document is issued by the performing organization's higher management. It is a critical document that gives the project manager the authority to use organizational resources and aligns the project with the organization's strategic goals.
Step-by-step explanation:
The project charter document is typically issued by the performing organization's higher management. This document formally authorizes a project and provides the project manager with the authority to apply organizational resources to project activities. The charter includes important information such as the purpose of the project, objectives, and the main stakeholders.
While any stakeholder, the customer, or the project manager may have significant inputs during the preparation of a project charter, it is the upper management who endorses and issues it. Upper management's endorsement is crucial, as it gives the project legitimacy within the organization and aligns it with strategic objectives. The charter also offers a direct link between the project and the strategic goals of the organization, ensuring that organizational resources are allocated appropriately.
A stakeholder is an individual or group who may affect, be affected by, or perceive themselves to be affected by a decision, activity, or outcome of a project. The organization's upper management, who issue the project charter, is itself a key stakeholder group as well.