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What Is a Statement of Work (SOW) in Project Management? 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.

A statement of work should contain; an overview, governance detail, the approach, phases and tasks, deliverables, timeline and milestones, estimate and payment schedule, and any assumptions.

Common elements of an SOW include: Project objectives. Project scope. Major deliverables. Tasks that support the deliverables, and which party will complete them. Timeline for completion of work. Location of work and resources, equipment, and facilities needed. Payment costs, terms, and deadlines.

A Statement of Work is a legally binding document that specifies the scope of work for a service provider or vendor on a certain project. This includes the deliverables, standards, and other critical details about the who, what, where, and when of the provided work.

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.

Who puts statements of work together? 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.

The advantages of a Statement of Work SOW helps project leaders, as it provides them with a structure on which their project plans can be built on. The doc assists to avoid conflicts in the project and keep everyone that's involved in the project on the same page and works to leave confusion to a minimum.