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A statement of work should contain; an overview, governance detail, the approach, phases and tasks, deliverables, timeline and milestones, estimate and payment schedule, and any assumptions.

A statement of work (SOW) is a document that provides a description of a given project's requirements. It defines the scope of work being provided, project deliverables, timelines, work location, and payment terms and conditions.

What is a statement of work template? A statement of work template agreed-upon between an agency and a client clearly defines what work to include within a project and what isn't part of it. In itself, an SoW template is a project contract that establishes and aligns the expectations for both parties.

The statement of work should include:All deliverables and due dates.The individual tasks that lead to the deliverable, and who these tasks are assigned to.The resources needed for the project including facilities, equipment, and QA procedures.The governance process for the project.Costs and deadlines for payment.

How to Write a Good Statement of WorkIntroduce the project.Define the vision.Set the project requirements.Define the scope.Set the deadline of the project.Allocate key resources.Create the schedule.Specify the terms of payment and due dates.More items...?10 Sept 2020

A statement of work, also known as scope of work is a contractual document that outlines what goes into the project in as much detail as possible. A Guide to the Project Management Body of Knowledge (PMBOK) defines a statement of work as a narrative description of products or services to be supplied under contract.

A statement of work (SOW) is a document that provides a description of a given project's requirements. It defines the scope of work being provided, project deliverables, timelines, work location, and payment terms and conditions.Ultimately, finding savings opportunities and reporting on a project's overall success.