What is the main purpose of a project charter in project management?

The main purpose of a project charter in project management 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 a high-level overview that includes the project's purpose, goals, stakeholders, and constraints. This document is crucial for setting clear expectations and aligning the project team and stakeholders on the objectives and scope of the project.

Having a well-defined project charter allows project managers to communicate effectively with all interested parties and provides a reference point throughout the project's life cycle. Without this authorization, there may be confusion about project goals or authority, and it may be challenging to move forward with the project in a coordinated and efficient manner. The project charter ensures everyone involved understands what the project aims to achieve and what resources are committed to achieving those objectives.