From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
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1. Charter is a formal document that defines the BC or DR project.

Notes: The content of the charter includes Project definition, objectives, scope and milestones. In addition, it spell out the key responsibilities, sources of funding, the executive sponsors and their signatures.

(Source: Business Continuity Management Institute - BCM Institute)