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A Statement of Work is a document used in project and contract management. It covers the working agreement between two parties: the client, buyer, or government entity, and the agency, vendor, or contractor. An SOW typically includes: Scope of work. Project objectives.

Elements of an SOW can include:Purpose of the project.Scope of work being performed.Location of the project, project length, and any work requirements.Expected deadlines and deliverables.Acceptance criteria.Any hardware and software required.Performance-based standards to be met.

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.

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.

A statement of work is legally binding, but it is not the final, formal contract signed at the end of the contracting process. It can be thought of as the formal foundation of a final contract.

A statement of work is a highly detailed, legally-binding contract, while a project charter is a shorter, high-level, non-legal overview. You'll often create project charters after the SOW. There's no difference between a scope of work and a statement of work.

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.