
164 ◾ The 12 Pillars of Project Excellence
As per the PMBOK, a project charter is a document issued by the proj-
ect initiator or sponsor that formally authorizes the existence of a project
and provides the project manager with the authority to apply organizational
resources to project activities.
4
Although every project usually starts with a char-
ter, why are only 32% of projects (average from years 2000 to 2008)
5
deemed
successful? The answer to this question is critical and will be explained in this
pillar. If project leaders follow the Deming cycle in a systematic approach and
gather requirements with a high level of accuracy and create ...