Load Formula Statement Of Work For Free

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. Creating an SOW helps clients and vendors to stay aligned and reach their project goals together.

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.

How to Write a Good Statement of Work Introduce the project. You always begin the statement of work with an introduction. ... 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.

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. Keep in mind that an SOW only covers the specifics of a project?it doesn't take the place of a contractor agreement that goes into details like NDAs and deliverable ownership.

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.

Here are 12 steps to write a statement of work: Begin with an introduction. Start by writing an introduction to the project and parties. ... Determine the objectives. ... Clarify the scope. ... Break down the tasks. ... State the work location. ... Outline the work schedule. ... Explain the deliverables. ... Create payment terms.