The Team Charter Statement is defined as a written document that defines the team's mission, scope of operation, objectives, time frame, and consequences. Organizations that take the time to create a team charter and purpose statement can help ensure that team resources and support are available. For example, teams frequently require financial resources to support their efforts. A charter statement will be shared with the team sponsor and will help to ensure that the resources needed for team activities are available. To get started with the Team Charter Statement diagram, download this EdrawMax template online.