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What Outlines Regulatory Standards in Construction Project Charter?
Discover how the Project Charter captures legal, regulatory, and contractual requirements during project planning, essential for compliance in regulated industries like construction and PMP exam success.
Question
You are the project manager for a large construction project. During the planning phase, you are reviewing the necessary legal, regulatory, and contractual requirements that must be adhered to in order to proceed with the project. You are now looking for the document that outlines these requirements.
Which of the following documents will provide you with the legal, regulatory, and contractual requirements that the project must meet?
A. Project Charter
B. Project Management Plan
C. Procurement Management Plan
Answer
A. Project Charter
Explanation
The Project Charter, created during the initiation phase of a predictive project, formally authorizes the project and includes high-level information such as key requirements, assumptions, constraints, and summaries of legal, regulatory, and contractual obligations that must be met, serving as the foundational document reviewed in planning for a construction project. It outlines the project’s purpose, objectives, high-level scope, stakeholder list, and approval requirements, often incorporating references to binding agreements like contracts or permits that dictate compliance boundaries. This distinguishes it from the Project Management Plan (a comprehensive planning output) and Procurement Management Plan (focused on vendor sourcing), ensuring early alignment on mandatory standards before detailed execution planning begins.