Which project phase includes the development of the project charter?

The executing phase involves the implementation of project plans and the coordination of resources to achieve project objectives. During this phase, the project team carries out tasks specified in the project management plan, but no new foundational documents like the project charter are created.

The closing phase is focused on finalizing all project activities, formally completing the project, and ensuring all deliverables are accepted. It includes administrative tasks such as closing contracts and conducting post-project evaluations, but does not involve the creation of the project charter, which is done much earlier.

The planning phase encompasses the development of detailed project plans, including schedules, budgets, and resource allocations. While the project charter is referenced during planning, it is not developed during this phase; instead, it is created in the defining phase, setting the stage for the planning work that follows.