What key elements should a project charter include?

A project charter is a foundational document that outlines the essential details of a project. The correct choice emphasizes critical elements necessary for initiating and guiding the project effectively.

Including project objectives ensures that the team and stakeholders have a clear understanding of what the project aims to achieve. This provides direction and helps in measuring success. The scope defines the boundaries of the project, detailing what is included and excluded, thus preventing scope creep and ensuring that all team members work within provided limits.

Identifying stakeholders is crucial as it establishes who is involved in or affected by the project. This identification facilitates communication and engagement with relevant parties, which is vital for project success. Additionally, resource requirements highlight the inputs needed to accomplish the objectives, including human resources, materials, and technology.

While the other options present important project components such as budget, timeline, and risks, they do not encompass the broad foundational elements vital to a project charter. A project charter should primarily focus on goals, scope, stakeholders, and resources, making option B the best representation of a comprehensive agreement on a project’s initiation.