Financial scope is the definition of a project’s cost: the amount of money required to complete a task or achieve a goal. It includes not just the immediate costs, but also the long-term investments needed to ensure success. A project’s financial scope provides an essential benchmark for executives and other stakeholders to assess whether a project is viable and whether it can be completed within budget. By carefully predicting and monitoring your project’s financial scope, you can identify potential risks and mitigate their effects on your bottom line. In essence, financial scope provides visibility into the financial “big picture” of your project and its ultimate success.