Contents of project charter are as follows:

1) Goals: Goals consists of:

• Project name: The first thing project manager want to include in the project charter is the name of the project and when was the charter prepared, and by who. Hence project name is first included in project charter.
• Project goal: After defining project name second step is to define project goal. Project goal should be short and easily understandable.
• Project Scope: Last step is to define the project scope. This step is important to control the project length and budget, and also making sure that there is no scope creep once the team start going.

2) Risk: Risks consists of:

• Project Risk: First need to consider the possible risks. All the possible risks should be known in the beginning of the project to avoid project failure.

• Dependencies: Dependencies can affect the project delivery. Dependent on particular supplier may sometimes results in over trust and can effect the project output.

• Limitations: Lastly one need to define the project limitations that project will face. Limited resources and limited time to complete project may affect the quality of project.

3) Requirements: The third section of the project charter is related to the project requirements and success criteria.

• Requirements: For the requirements, project manager should list the human resources, office space, tools, and processes that will be needed to complete the project. Also, project team needs to think about any specific requirements the particular project may have.

• Success criteria: Next step is to make a project successful. For this project team should list out success criteria. Fir this project team should think about all the stages of the project and what the project team has to do to achieve them.

4) Timeline: The fourth project charter section is timeline. To help monitor the progress of the project, project manager should specify how the team and the stakeholders will be able to track it. One way to do this is to identify the project milestones and define them with due dates.

5) Resources: Resources consists of:

• Project manager authority: Project sponsor is mainly responsible for assigning and confirming the project manager. However, as the project gets going the decision-making responsibility lies on the project manager’s shoulders.

• Project stakeholders: Next step is to identify all the project stakeholders. Project manager should think about both internal and external stakeholders as well as the team that will be working on the project. And also it should be defined that how all of these people will communicate during the project.

• Project budget: All the project goals, requirements, risks, and timelines should be properly reviewed to estimate the project budget. This estimation is based on all the information in the project charter which means it will give a general idea of the required investment.