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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 (SOW) is a document routinely employed in the field of project management. It is the narrative description of a project's work requirement.The SOW typically also includes detailed requirements and pricing, with standard regulatory and governance terms and conditions.

A Statement of Work (sometimes called a Scope of Work and often referred to as an SOW) is a contract between you and your freelance clients and is often used in place of a more formal agreement. This is particularly true in the case of non-profit or education-based clients.

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...?Sep 10, 2020

The SOW is typically written by the client, but authors may vary, and more than one author may participate. This may include anyone from the project manager to a third-party contractor to the Chief Information Officer in the case of IT and software development projects.

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.

Don't discount the value of a statement of work for internal projects as well. While you won't need client sign off, it's worth having one for yourself and your team. It will set up expectations for your team and outline the tasks and deliverables they'll need to complete.