To chart out is a phrasal verb meaning to outline a plan for something. When you chart something out you lay out a plan or course of action which you intend to follow.

1. The doctor charted out a treatment plan for John after his injury.
2. I met with my teacher and parents to chart out a course for my future once I leave school.

1. Before work on the project began, the leader met with her team to chart out a plan of action and assign individual roles.
2. Robert was assigned the task of charting out a course for the company that will bring it in line with market leaders.