PhD sanity check on project description and advisor I'm an industrial PhD student (Europe) and recently I'm finding myself reflecting over some events.

As industrial student I'm working for a Company. It is important to note that the Company (superiors/supervisors) have decided what subject (and its scope) I'll be working on. Basically, it was their idea for a new product. 

It is worth noting that my boss is also my main supervisor (she is doing 20% at university and 80% at the Company). 

Having this in mind, I'm finding some things odd:


I had to write PhD project description (milestones, etc. ) on my own.
A year after PhD commenced, my supervisor commented that "she still does not have vision about the project".


I just want to make sanity check and establish how often this happens and is it normal thing or not.
I had to write PhD project description (milestones, etc. ) on my own.


This doesn't sound unusual to me. Writing project plans and drafting milestones is a part of graduate studies, but your supervisor should definitely be involved. 


  A year after PhD commenced, my supervisor commented that "she still
  does not have vision about the project".


This is clearly unsettling for you, but sadly not that uncommon*. The unusual part is the supervisor actually saying it. Nevertheless, I think it's a serious issue and your supervisor is apparently not taking his/her responsibilities seriously. 

Having a too loose mentoring/supervision during a PhD is a very good way of finding oneself in hell after 3-4 years of wandering. Your concerns are by all means valid and you shouldn't let this slip. I would suggest to politely tell your advisor that you need a more precise direction to follow, otherwise you risk loosing precious time (and money) for you, him/her and, off course, the company. 

I've heard frequent bad reports of peoples pursuing a PhD with a commercial company. But as stated by @nivag in the comments, people in industry tend not to have much experience supervising students. Try to be proactive: if you feel you need more support say so, very clearly.

*I'm assuming that, being in Europe, you have a Master's degree and the PhD project is intended to last 3-4 years.