For the past five years, the National Innovation Centre for Data has been providing data science support to more than a hundred public and private sector organizations. This unparalleled experience has resulted in an appreciation for how important project management processes are for success. With our processes now significantly matured, we are very excited to share some of our most valuable insights in this masterclass. This masterclass will cover how to scope a data science project with a data science project charter and will focus on determining the appropriate type of data product (e.g., dashboard, predictive model) required to achieve the project goal.