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A design-based SOW allows no flexibility for a prospective contractor to propose a solution for the required need. A contract for product or service design (design SOW) defines both the required results and the method of achieving those results.

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.

Lay out what will be accomplished, and when. Include deadlines, milestones, and other relevant information. Think of it as the verbal, more friendly version of the Terms and Conditions (see below). After all, a large factor in meeting your own deliverables is having a cooperative partner on the other end.

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

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. There's no difference between a scope of work and a statement of work.

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

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.