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A. To describe the selection methods used to choose this project over its competitors
B. To recognize and acknowledge the project sponsor
C. To acknowledge the existence of the project team, project manager, and project sponsor
D. To recognize and acknowledge the existence of the project and commit organizational resources to the project
Answer: D
Explanation: The purpose of a project charter is to recognize and acknowledge the existence of a project and commit resources to the project. The charter names the project manager and project sponsor, but that's not its primary purpose.
