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  • Mastering Develop Project Charter For PMP Exam: What To Know
CRM Adeniyi Salau May 28, 2023 0 Comments

Mastering Develop Project Charter For PMP Exam: What To Know

 

Develop Project Charter belongs to the Initiating Process Group.

 

This has to do with the process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities. 

 

The key benefit of this process are that it provides a direct link between the project and the strategic objectives of the organization, creates a formal record of the project, and shows the organizational commitment to the project. 

 

The inputs

a. Agreement 

This is any document or communication that defines the initial intentions of a project. This can take the form of a contract memorandum of Understanding (MOU), a letter of agreement, verbal agreement emails, etc. 

 

It is also used as an Input in:

  • Develop Project Charter (Integration Management).
  • Monitor and Control Project Work (Integration Management).
  • Close Project or Phase (Integration Management).
  • Collect Requirements (Scope Management).
  • Develop Schedule (Schedule Management),
  • Determine Budget (Cost Management)
  • Control Resources (Resource Management). 
  • Identify Risks (Risk Management). 
  • Control Procurement (Procurement Management).
  • Identify Stakeholders (Stakeholder management) 
  • Plan Stakeholder Management (Stakeholder Management). 

 

It is also used as an Output in Conduct Procurement (Procurement Management). 

 

b. Business Documents

The sources of information, like the business case and the benefits management plan, about the project’s objectives and how the project will contribute to the business goals.

 

Used as an input in: 

  • Develop Project Charter (Integration Management).
  • Close Project or Phase (Integration Management)
  • Collect Requirements (Scope Management).
  • Determine Budget (Cost Management).
  • Plan Procurement Management (Procurement Management). 
  • Identify Stakeholders (Stakeholder Management).
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c. Enterprise Environmental Factors 

These are conditions, not under the immediate control of the team, that influence constrain, or direct the project, program, or portfolio. 

 

Used as an input in: 

  • Develop Project Charter (Integration Management).
  • Develop Project Management Plan (Integration Management).
  • Direct and Manage Project Work (integration Management). 
  • Manage project Knowledge (Integration Management)
  • Manage and Control Project Work (Integration Management). 
  • Perform Integrated Change Control (Integration Management). 
  • Plan Scope Management (Scope Management).
  • Collect Requirement (Scope Management).
  • Define Scope (Scope Management).
  • Create WBS (Scope Management)
  • Plan Schedule  Management (Schedule Management).
  • Define Activities (Scope Management)
  • Sequence Activities (Schedule management).
  • Estimate Activity Durations (Schedule management)
  • Develop Schedule (Schedule Management)
  • Plan Cost Management (Cost Management).
  • Estimate Costs (Cost Management).
  • Determine Budget (Cost Management).
  • Plan Quality Management (Quality Management)
  • Control Quality (Quality Management)
  • Plan Resource Management (Resource Management)
  • Estimate Activity Resource (Resource Management)
  • Acquire Resources (Resource Management)
  • Develop Team (Resource Management) 
  • Manage Team (Resource Management )
  • Plan Communication Management (Communication Management)
  • Manage Communications (Communication Management)
  • Monitor Communications (Communication Management)
  • Plan Risk Management (Risk Management)
  • Identify Risks (Risk Management)
  • Perform Qualitative Risk Analysis (Risk Management)
  • Perform Quantitative Risk Analysis (Risk Management)
  • Plan Risk Responses (Risk Management)
  • Plan Procurement Management (Procurement Management)
  • Conduct Procurement (Procurement Management)
  • Control Procurement (Procurement Management)
  • Identify Stakeholders (Stakeholder Management)
  • Plan Stakeholder Engagement (Stakeholder Management)
  • Manage Stakeholder Engagement (Stakeholder Management)
  • Monitor Stakeholder Engagement (Stakeholder Management)

 

d. Organisational Process Assets 

These are plans, processes, policies, procedures, and knowledge-based specific to and used by the performing organization.

 

Used as inputs in: 

  • Develop project Charter (Integration Management)
  • Develop Project Management Plan (Integration Management)
  • Direct and Manage Project Work (integration Management). 
  • Manage Project Knowledge
  • Monitor and Control Project Work (integration Management.
  • Perform Integrated Change Control  (Integration Management)
  • Close Project or Phase (Integration Management).
  • Plan Scope Management (Scope Management) 
  • Collect Requirements (Scope Management)
  • Define Scope (Scope Management)
  • Create WBS (Scope Management)
  • Control Scope (Scope Management)
  • Plan Schedule Management (Schedule Management)
  • Define Activities (Schedule Management)
  • Sequence Activities (Schedule Management)
  • Estimate Activity Duration (Schedule Management)
  • Develop a Schedule (Schedule Management)
  • Control Schedule (Schedule Management)
  • Plan Cost Management (Cost Management) 
  • Estimate costs (Cost Management) 
  • Determine Budgets (Cost Management) 
  • Control costs (Cost Management) 
  • Plan Quality Management (Quality Management)  
  • Manage Quality (Quality Management)  
  • Control Quality (Quality Management)  
  • Plan Resource Management (Resource Management)
  • Estimate Activity Resources (Resource Management)
  • Acquire Resources (Resource Management)
  • Develop Team (Resource Management)
  • Manage Team (Resource Management)
  • Control Resources (Resource Management)
  • Plan Communication Management (Communication Management)
  • Manage Communications (Communication Management)
  • Plan Risk Management (Risk Management)
  • Identify risks (Risk Management)
  • Perform Qualitative Risk Analysis (Risk Management)
  • Plan Risk Responses(Risk Management)
  • Implement Risk Responses (Risk Management)
  • Plan Procurement Management (Procurement Management)
  • Conduct Procurement (Procurement Management)
  • Control Procurement (Procurement Management)
  • Identify Stakeholders (Stakeholder Management)
  • Plan Stakeholder Engagement (Stakeholder Management)
  • manage Stakeholder engagement (Stakeholder Management)
  • Monitor Stakeholder Engagement (Stakeholder Management)
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Used as Outputs in: 

Manage Communications (Integration Management)

Direct and Manage Project Work (Integration Management)

Manage Project Knowledge (Integration Management)

l

Action Point

PS: I know you might agree with some of the points that I have raised in this article. You might not agree with some of the issues raised.

 

Let me know your views about the topic discussed. We will appreciate it if you could drop your comment. Thanks in anticipation.

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CRMNuggets is committed to fact-checking in a fair, transparent and non-partisan manner.

 

Therefore, if you’ve found an error in any of our reports, be it factual, editorial, or an outdated post, please contact us to tell us about it.

 

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Adeniyi Salau

CRMNuggets is your go-to platform for insights on Customer Relationship Management (CRM), project management, digital marketing, IT strategies, and business growth tips. Our goal is to help businesses enhance customer experience, optimize processes, and stay ahead with proven strategies and practical guides.

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