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What is Statement of Work (SOW)? 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.

An SOW typically includes: Scope of work. Project objectives. Schedule. Tasks. Deliverables. Payment of the project. Expected outcomes. Certain terms, conditions and requirements.

How to complete your SOW template Title. Label your document as a statement of work, then include your business name and your client's name.Introduction.Purpose and objectives.Tasks.Deliverables.Schedule.Location.Budget, pricing, and payment schedule.

The statement of work should serve as a blueprint for the project with clear terms and agreements outlined, including what services or deliverables will be provided, timeline for completion, estimated costs, and expectations for the client.

A Statement of Work, often known as an SOW, is a business agreement that outlines deliverables and project goals. It's created to keep everyone on the same page about deadlines, scope of work, and project expectations.

A Statement of Work (SOW) is a formal document that defines the entire scope of work involved for a vendor and clarifies deliverables, costs, and timeline. It is needed when a project involves vendors and external contributors in addition to the internal project team.

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.