Define the solution nor does it outline the methods

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Question: A clearly defined and well-understood problem is crucial to finding and implementing effective business solutions. In this case, the problem statement is usually a stand-alone document. In this section of the project, you are to identify and explain the problem in a concise but detailed way to provide a comprehensive view of what's going on in the company. This includes identifying whom the problem impacts, what the impacts are, where the problem occurs and why and when it needs to be fixed. Bear in mind that the problem statement does not attempt to define the solution nor does it outline the methods of arriving at the solution. You are also requiring justifying the problem or the rationale behind the problem, it can be supported with data.

Reference no: EM133507443

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