The project charter formally authorizes a project. Project charter authorizes the PM to apply resources to complete the work on the project. It is the first thing done in a project. An approved project charter initiates the project. One of the below options related to project charter is not correct. Identify the incorrect option.

A. Authorizes the PM to apply resources to complete the work on the project.

B. Documents the business needs, assumptions, constraints, risks, high-level requirements, etc.

C. It describes, that the project is worth the investment.

D. Formally authorize the project.