Creating a comprehensive project scope statement ensures that you establish a firm basis for a project. Effective project managers list the project name, objective, owner, sponsors and stakeholders.

Incomplete or missed requirements, omissions, ambiguous product features, lack of user involvement, unrealistic customer expectations, and the proverbial scope creep can result in cost overruns, ...

The scope of your business' project involves the strategy and steps required to create a product. Your project scope is vulnerable to problems with budgeting, production and unforeseen circumstances.