What are the key differences between a project charter and a project plan, and how do they each contribute to the successful execution of a project?

A project charter outlines the project's objectives, scope, stakeholders, and high-level timeline, serving as a formal authorization for the project. On the other hand, a project plan details the specific tasks, resources, timelines, and responsibilities needed to achieve the project's goals. The project charter sets the project's direction and boundaries, while the project plan provides a roadmap for executing the project efficiently. Both documents are essential for ensuring clarity, alignment, and successful execution of the project.