The project charter is a critical document that outlines the purpose, objectives, and scope of a project. During the initiation phase, the project manager receives the project charter, which serves as a formal authorization to proceed with the project. Here's what the project charter typically includes:
* Project Purpose and Objectives: Clearly states why the project is being undertaken and what specific outcomes or goals it aims to achieve.
* High-Level Requirements: Describes the initial project requirements, including what needs to be delivered, any specific features, and quality expectations.
* Constraints: Identifies limitations or restrictions that may impact the project, such as budget, time, resources, or regulatory compliance.
* Assumptions: Lists assumptions made about the project environment, stakeholders, or external factors.
* High-Level Stakeholder Identification: Identifies key stakeholders and their roles in the project.
* Project Scope: Defines the boundaries of the project-what's included and what's excluded.
* High-Level Risks: While not detailed risk assessments, the charter may highlight major risks or uncertainties.
* Project Sponsor and Authorization: Specifies who sponsors the project and authorizes its initiation.
The work breakdown structure (WBS), communications plan, and detailed risk assessments are typically developed later in the project planning phase, not within the project charter itself.
: 1: The ASQ Certified Manager of Quality/Organizational Excellence Handbook, Fifth Edition1.

The balanced scorecard is a strategic management tool that views the organization from different perspectives. One of these perspectives is the Learning and growth perspective, which focuses on how the organization fosters ongoing change and continuous improvement. Measures related to employee development, training, and retention fall under this perspectiveRetention numbers specifically reflect the organization's ability to retain skilled and valuable employees, which contributes to long-term success and growth12.
: 1: The ASQ Certified Manager of Quality/Organizational Excellence Handbook, Fourth Edition, Russell
T. Westcott (Editor), ASQ Quality Press, 2013. 2: What is a Balanced Scorecard? BSC Quality Example | ASQ