What is the primary objective of a Project Charter?
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ATo identify potential risks and how they will be managed.
BTo establish a legally binding agreement between the buyer and seller.
CTo formally authorize a project or a phase and document initial requirements that satisfy the stakeholder's needs.
DTo provide a detailed breakdown of the scope and deliverables.
✓ Correct answer: C. To formally authorize a project or a phase and document initial requirements that satisfy the stakeholder's needs.The Project Charter is a formal document that signifies the start of a project. It outlines the objectives, identifies the main stakeholders, and provides the project manager with the authority to use organizational resources for the project.
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