A project charter is a document that outlines the scope of a project to help teams understand components such as the purpose, objectives, tasks, and stakeholders. General managers use detailed project charters to align people behind the merger goals, as well as explain decisions made about goals, timelines, responsibilities and authorities, budgets, stakeholders, and limitations$.$

Charters also detail how future decisions will be made. The purpose of a project charter is to align all the functions and people toward clear goals, clarify expectations and limitations$,$ and provide for coordinating mechanisms. To drive project and organizational performance and support organizational goals, you$$ll design a project charter for the merger of Dollar Tree and Family Dollar.