I am quite confuse over PMI's definition of Project Charter and what goes into it. In PMI, it says that within the Project Charter document there should be a high level budget indication as well as high level timeline together with requirements. I can understand that we can retrieve the budget through a rough order of magnitude calculation. What do we actually put down for timeline and due dates? As the project hasn't gone through the planning stage there is actually no way to tell without gut feelings or guessing on when the project is going to end, and yet gut feelings and guessing are a no-no for project management?
In addition, are project charters part of the documents that are to be changed and updated as we go through the planning stage? If it is, then it makes sense to put a date down first and update later, but doesn't that defeat the purpose of having a signed document?
This question has bugged me for a long time. I hope someone can enlighten me!
In addition, are project charters part of the documents that are to be changed and updated as we go through the planning stage? If it is, then it makes sense to put a date down first and update later, but doesn't that defeat the purpose of having a signed document?
This question has bugged me for a long time. I hope someone can enlighten me!