CompTIA Project+ Practice Test 2026 – All-in-One Guide to Ace Your Certification!

A project charter is a foundational document that formally authorizes a project and provides a high-level overview of its objectives, scope, and stakeholders. It serves as a reference point throughout the project lifecycle, helping to align the project team and stakeholders with the project's goals.

The inclusion of a high-level plan in a project charter is crucial because it outlines the main objectives, deliverables, and milestones of the project without delving into detailed planning. This high-level perspective allows stakeholders to understand the project's intent and framework, making it easier to communicate essential information to the team and decision-makers.

While other components such as work performance reports, risk assessments, and cost assessments are important in project management, they are typically developed later in the project lifecycle and are not included in the project charter itself. The project charter focuses on establishing the project’s vision and authorization rather than delving into the specifics of execution, performance metrics, or detailed financial analysis.