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The statement of work (SOW) is a legally binding document that captures and defines all the work management aspects of your project. You'll note the activities, deliverables and timetable for the project.

Who writes the statement of work? Like most project management documents, SoWs are best written collaboratively. However, there are two main parties involved: the client or service provider and the company. SoWs need to be approved by two parties before work on your project really begins.

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.

A statement of work or SOW, is a legally binding agreement between a client and a vendor, service provider or any party executing a project. It basically defines the scope of work, and the agreed-upon conditions before the project start.

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.

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

Here's an overview of the steps you'll need to follow to write your statement of work: Create a brief introduction for your project. Define the purpose of your project. Define your project scope. Create a work breakdown structure to identify your project tasks, milestones and deliverables. Create a project schedule.