Project Charter Template (Word DOC)

WORD DESCRIPTION

This product (Project Charter Template) is a 8-page Word document, which you can download immediately upon purchase.

The Project Charter Template is a customizable MS Word document. It contains the following sections:

A. General Information – Basic information that identifies the project.

B. Funds Available – Provide the amount of project funding for each fiscal year by fund source category identified in the Project Charter. Provide the specific reference for the source of funding within each category. Provide the Grand Total of Funds Available in the box below the Funding Source tables. The Grand Total is the total of all four (4) fiscal year totals.

C. Planned Expenditures by WBS Element – Using the WBS, provide a breakdown of expenditures for each WBS element using the expenditure categories shown. Balance expenditures with resources available or allocated in Section B. If funding is scheduled to be expended in multiple fiscal years or quarters, list the WBS Element Number again and prorate the expenditures over the fiscal years or quarters.

D. Contingency (Risk) Budgeting – The expenditures in this section are developed in the Risk Plan (see Section F) and are copied into the Total Planned Contingency Expenditure column of the table provided. The Total Planned Contingency Expenditure must be balanced against the funds available identified in Section B.

E. Planned Expenditures – Summarize from Section C the total planned expenditures by fiscal year for the categories listed. Develop the total planned expenditures by balancing the estimated cost for all WBS elements and risk mitigation expenditures in a fiscal year against the available funding. Provide comments where necessary to clarify expenditures. Provide the Grand Total of Funds Available in the box below the Planned Expenditures tables. The Grand Total is the total of all four (4) fiscal years.

If planned expenditures and allocated funding cannot be balanced, notify the project sponsor and provide a rational for requesting additional funding. If additional funding is not available, reconsider the scope of the project and solution selected. Identify changes to the WBS and reevaluate cost.

F. Project Spending Plan – Document the spending plan, by category, for each quarter of the fiscal year. Derive these estimates using the tables in Sections C and D. Sum the cost, by category, for all WBS elements and risk(s) that occur during each quarter of each fiscal year. Total the columns for each quarter at the bottom of the table.

Source: Best Practices in Project Management Office, Project Charter Word: Project Charter Template Word (DOC) Document, Flevy