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The statement of work is the document that records and defines all aspects of your project (expectations, results, schedule, prices). It is the basis for the project plan and should therefore be very detailed.

Common elements of an SOW include: Project objectives. Project scope. Major deliverables. Tasks that support the deliverables, and which party will complete them. Timeline for completion of work. Location of work and resources, equipment, and facilities needed. Payment costs, terms, and deadlines.

Statement of Work (SOW) and Proposals are two documents businesses use to define their expectations for a project. While both documents describe the scope and goals of the project, there are certain differences between the two that should be understood.

It's an extremely detailed work contract that defines the terms and conditions agreed upon between parties and lays the groundwork for the project plan. The statement of work (SOW) is one of the first documents you'll create to lay out the entire landscape of the project before you create a project plan and execute it.

An SOW focuses on outlining what needs to be done while proposals focus on convincing clients why you're their best choice. Understanding these key differences will help ensure successful procurement projects with minimal misunderstandings along the way!