Dear [Stakeholder's Name]

I hope this email finds you well. We wanted to provide you with an important project update regarding [Project Name]. While we have made significant progress on the project and have achieved many milestones, we are currently facing a critical issue that requires your attention and input. The issue at hand is the impact of scope creep on the project's profitability. Scope creep refers to the uncontrolled expansion of project scope, typically involving additional features, functionalities, or requirements that were not originally planned. Despite our best efforts to manage and control scope throughout the project, we have encountered unforeseen changes and requests that have added to the workload and expenses.

As of August 2023 PNC 141 SOW $486,000 Revenue Cost $48,600 Brian's Commission $49,526 Jeanne Project Management Charges $12,825 Bishan Development Charges $23,850 BPO I/C Transfer $7,000 John O DB Charges $367,000 PS Development Charges Profitability $(22,801)

The key points to highlight are as follows:

Increased Workload: We have experienced a notable increase in the project's workload due to additional tasks and requirements that were not part of the original project scope. These additions have required more resources, time, and effort to accommodate. Budget Overruns: As a result of scope creep, our project expenditures have exceeded the initially approved budget. We have diligently managed costs, but the additional work has impacted our profitability, and we are now running the risk of not meeting our profit targets. Timeline Extension: To address the increased workload and incorporate the new requirements, we have had to extend the project timeline. While this extension was necessary to maintain the project's quality and integrity, it has further contributed to the financial challenges we are facing.

We understand the importance of maintaining profitability on this project and are committed to addressing these issues promptly. To that end, we would like to request your involvement in the following actions:

Scope Assessment: We are conducting a comprehensive assessment of the project scope to identify and document all changes and additions. This will help us understand the full extent of scope creep and its impact on the project. Risk Mitigation: Our team is actively working on strategies to mitigate the financial impact of scope creep. We will be exploring cost-saving measures and alternative solutions to help bring the project back on track. Client Review: We would like to schedule a meeting with you to review the additional requirements that have contributed to scope creep. Your insights anddecisions regarding which elements are critical and which may be deferred or reevaluated will be invaluable in resolving this issue. Communication Plan: We will implement a robust communication plan to keep you and all stakeholders informed of our progress in addressing scope creep and restoring profitability. Regular updates and transparent reporting will be provided. We genuinely value your partnership and understand the importance of delivering a successful project within the agreed-upon parameters. Our team is dedicated to resolving this issue swiftly and efficiently to ensure that we can continue to meet our collective goals. Please let us know your availability for a meeting in the coming days so that we can discuss this matter in more detail and collaborate on the best path forward. Your expertise and guidance will be instrumental in navigating these challenges. Thank you for your understanding and support as we work through this critical issue. We remain committed to the success of [Project Name] and look forward to a productive discussion.