This document provides a template for a product scope statement. It includes 7 steps to define the product objectives, requirements, deliverables, tasks, assumptions, constraints, and approvals. The scope statement aims to describe the high-level goals of a product and how it relates to overall business objectives, list product deliverables and tasks, define what is out of scope, note any assumptions and constraints such as dates, budget, and quality standards, and get sign off from relevant stakeholders.