Establish Company 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.

A statement of work (SOW) is a document routinely employed in the field of project management. It is the narrative description of a project's work requirement. It defines project-specific activities, deliverables and timelines for a vendor providing services to the client.

Why Use a Statement of Work Template? 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.

Who should provide the scope of work? A project's scope of work should be developed by the project manager and the client. One of them is usually providing a product or service, whereas the other is contracting a product or service.

The statement of work (SOW) describes the problem, need, and/or general type of solutions to be investigated or implemented. It also explains the type and scope of work to be performed (or not) by the contractor, work restrictions, and criteria for acceptance of results or end-items.

A Statement of Work with a client for your part of a project: This states what you'll deliver and how you'll deliver it during the overall period of performance. For larger companies, this would typically be handled by a project manager or a Contract Management Department (if they have one).

You usually create a SOW as part of a bid document or part of a contract. It is vital that the SOW is clear to all stakeholders in order to clarify the metrics for success and avoid disputes involving deliverables, budgets, or timelines. The statement of work should include: All deliverables and due dates.