This diagram of the Importance Of Project Charter Template is a document that serves as a contract between the project manager, sponsor, and key stakeholders. It is used to define the project's scope, objectives, and deliverables. The charter also specifies each team member's roles and responsibilities. A project charter may also include a highlevel risk assessment or an overview of the project's budget in some cases. It would be difficult to hold team members accountable or track project progress in the absence of a charter. To get started, you can use EdrawMax online to create this Importance Of Project Charter Template diagram diagram.