How do you formulate a problem statement?

How to write a problem statementPut the problem in context (what do we already know?)Describe the precise issue that the research will address (what do we need to know?)Show the relevance of the problem (why do we need to know it?)Set the objectives of the research (what will you do to find out?)

What should a good problem statement include?

How to write a problem statementDescribe how things should work.Explain the problem and state why it matters.Explain your problem’s financial costs.Back up your claims.Propose a solution.Explain the benefits of your proposed solution(s).Conclude by summarizing the problem and solution.

How do you write a problem statement in product management?

Tips for creating a Customer Problem StatementDon’t mention your product or service in the statement itself. Articulate the status quo. Think about limitations your potential customers may have.Target a specific group with whom you can build empathy.Provide measurable outcomes.