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The function of a corporation charter is to establish the basic elements for an incorporated business enterprise. For example, a corporation charter sets forth the activities the corporation intends to engage in once established.
A project charter is a critical document that provides written authorization for a task to either start or continue to move forward. It is sometimes known as a project authorization or project initiation form. Project charters are created and signed by high-level members of an external government agency, organization or sponsor that is funding the project, not a member of the project team.