Importance of creating a vision statement for the project during the envisioning phase - Business analyst

Explain importance of creating a vision statement for the project during the envisioning phase.

Envisioning phase of a project gathers the scope of the project, identifies risks etc. A vision statement is a clear idea of the description of the project. The statement gives the reader an idea or helps him visualize the application. Vision statement should describe the outcomes that are not expected in the near future. The vision statement helps the team understand the goals and objectives of the project.