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.

There are two places that scope is defined on your project. High-level scope is defined in your project charter. Low-level scope is defined in your business requirements document. High-level scope ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

Business can often be described as a series of projects, and projects are often dictated by a set of constraints. While projects vary, constraints on them typically fall into one of three categories.

Large projects have a tendency to incorporate scope creep almost by inheritance. The small details of one of the many facets of the project are easily overlooked. In this example, the small details ...