You can also include whatever returns you are expecting at the completion of the project. The final approval will be the Dean of Undergraduate Studies.
Supplies customers will be the Rice University student body and faculty Rice University students will manage the project and be responsible for ongoing operations. The charter also formally makes the whole project legitimate.
Any business nowadays, before initiating a new project requires a signed project charter. Depending on company culture and on the person ahead of writing the company charter, the points that comprise it can vary. Ideally it should be pages. Project Charter Samples.
Things, however, get more complex when working on a bigger project.