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Terms Of Reference vs Project Charter

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A terms of reference is a document that describes an initiative such as a program, project, committee or negotiation. It typically includes an overview, assumptions, constraints, mission, vision, goals, scope statement including out-of-scope items, roles & responsibilities, processes, budget, plans, schedules, principles, success factors and risks.
A project charter is a terms of reference for a project.

Terms of Reference vs Project Charter

Both terms of reference and project charters are means of defining an initiative. Terms of reference is a far broader term that may apply to an initiative such as negotiations between governments or firms. Project charters are specific to projects, particularly projects delivered according to a waterfall model.
Terms Of Reference vs Project Charter
Terms Of Reference
Project Charter
Definition
A document that defines an initiative such as a committee, negotiation, program or project.
A document that defines a project.
Typical Contents
Executive Overview
Mission
Vision
Assumptions
Constraints
Risks
Principles
Processes
Roles & Responsibilities
Scope Statement
Out-of-scope Items
Plans
Schedule
Benefits
Success Factors
(same)

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Audience Analysis
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Business Swot
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KPIs
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Mece
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Net Present Value
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Project Charter
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Specifications
Statement Of Work
Statistical Analysis
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Strategic Drivers
SWOT Analysis
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Terms Of Reference
Total Cost Of Ownership
Use Case
User Stories
Voice Of The Customer
What-if Analysis
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