What is the first step in creating successful projects?

Establishing a project charter is crucial as it serves as the foundational document that outlines the project's objectives, scope, stakeholders, and key deliverables. This initial step ensures that everyone involved has a clear understanding of what the project aims to achieve and sets the direction for all subsequent activities.

A well-defined project charter not only clarifies the project's purpose but also aligns the team and stakeholders on expectations and goals. It acts as a reference point throughout the project's lifespan, helping to keep the team focused and guiding decision-making processes. By establishing the project charter first, it effectively lays the groundwork for tasks such as identifying team roles, managing costs, and ultimately documenting project completion, ensuring a more organized and effective approach to project management.