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Statement of Work Types There are three main types of statement of work: Functional SOW. Performance SOW. Design SOW.

Both parties need to agree to and sign a statement of work (SOW). But what exactly is this document, and how does it fit into the broader landscape of business agreements? Read on to learn more about SOWs, what they are used for, and how to create your own.

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.

So I suggest that SoW is best treated as an initialism. That would result in it beginning with the same vowel sound as egg. It follows that you'd say an SoW, not a SoW.

Statement of work (SOW) A statement of work (SOW), in project management, is a document in which a contracting officer or chief procurement officer (CPO) specifies the objectives and deliverables for a particular project or service contract.

The statement of work is an all-encompassing, detailed document outlining the goals, purpose, guidelines, deliverables, time requirements, costs, etc. The scope of work is one section within the SoW describing in detail the projected outcomes of the project and the specifics about the job done to hit those outcomes.

Each project requires a unique SOW that outlines the specifics of that engagement. That said, almost all SOWs will include seven elements: the Scope of Work, deliverables, time and resources, payment terms, client services, changes, and terms and conditions.

What is a statement of work (SOW)? Also known as a scope of work, a statement of work (SOW) defines the scope of a project between a business and a client.

1. : to plant seed for growth especially by scattering. 2. : to set something in motion : begin an enterprise. transitive verb.

It's also important for both parties to sign off on an SOW before any work begins as this makes it legally binding on both sides. Failure to do so could mean that one party has no legal recourse should things go wrong further down the line.