Project Justification, Charter & Scope

• What is Project Justification?
• The most credible justification is one where the identified benefits of the project are greater than the cost of doing the project.

• What is Project Charter?
• A Project Charter is the first document exists in the project.
• The project charter names the project and briefly describes it.

• What is Scope Statement?
• The Scope Statement is the defining statement of the project.
• It is a primary document to understand the project and its nature
• The project statement includes Goal Statement, the project justification, the products the project will produce, the deliverables and the success criteria of the project.
• The project statement should also include the things that the project will not do