Goals and objectives of a project charter

Now that the project has been selected and a business case has been created, the organization and the project manager have the results of a needs assessment (which can happen before the business case is created – and usually does) and have a better understanding of the goals and objectives of the project, as well as the economic feasibility, hence all the project selection techniques. This isn't the only information that's collected prior to the project charter's creation.

Business Analysis for Practitioners: A Practice Guide [7] contains an overview of best practices when it comes to collecting information to create a business case. These recommendations are a result of the organization's needs assessment. This allows for the best decisions to be made in advance of chartering a project. The business case will be created due to the analysis and lead to the official project charter's creation.

A business...