What component is NOT typically found in a team charter?

A team charter is a foundational document that outlines the purpose, goals, and operational framework of a team. It typically includes key components such as the team's mission, the specific roles and responsibilities of team members, and the overall objectives or goals that guide the team's work.

While team charters often detail the roles and responsibilities of team members, as well as the overarching purpose and goals of the team, they generally do not include a financial budget. A budget may be managed in other documents or plans specific to project management or organizational operations. Including financial details would typically fall outside the primary focus of a team charter, which is to establish a clear understanding of the team's direction and functioning rather than its financial requirements.

This distinction allows all team members to be aligned on their objectives and how they interact with one another, promoting effective collaboration and communication without the complexities of financial oversight mixed into the charter itself.