PMI Agile Certified Practitioner (ACP) Practice Exam

What does a project charter document include?

1. A detailed financial analysis of the project

2. Project justification, budget summary, milestones, and constraints

3. A set of predefined tasks and responsibilities

4. A list of team members involved

The correct answer is: Project justification, budget summary, milestones, and constraints

The project charter is a foundational document that outlines the essential elements of a project. One of its primary purposes is to provide stakeholders with a clear understanding of the project's objectives and high-level plans. Therefore, including project justification, budget summary, milestones, and constraints is critical. Project justification explains the reasons behind undertaking the project and the value it aims to deliver, aligning it with organizational goals. The budget summary provides an overview of the financial aspects, enabling stakeholders to understand the allocation of resources. Milestones are crucial for tracking progress and establishing key dates that mark significant points in the project lifecycle. Constraints refer to limitations or restrictions that could impact the project's execution, such as time, resources, or regulatory requirements. While a detailed financial analysis, a set of predefined tasks and responsibilities, and a list of team members might be part of project management documentation, they do not typically fall under the scope of the project charter. The charter is more focused on high-level aspects rather than granular details, making the inclusion of project justification, budget summary, milestones, and constraints the correct and most comprehensive answer.