Fit Chart Statement Of Work For Free

Term of the SOW: A clause statement the period of time that the work or services will be performed. Location: A description of where the work or services will be performed. Timelines: A clear and detailed description of the project timeline(s). Deadlines: A clear and accurate provision indicating all project deadlines.

A statement of work (SOW), in project management, is a document in which a contracting officer or chief procurement officer (CPO) specifies the objectives and deliverables for a particular project or service contract.

The Scope of Work (SOW) is the area in an agreement where the work to be performed is described. The SOW should contain any milestones, reports, deliverables, and end products that are expected to be provided by the performing party. The SOW should also contain a time line for all deliverables.

In project management, the procurement statement of work describes the item procured in sufficient detail to allow the prospective sellers to know if they have the capacity to provide the products and deliverable to the buyer.

The statement of work should include: All deliverables and due dates. The individual tasks that lead to the deliverable, and who these tasks are assigned to. The resources needed for the project including facilities, equipment, and QA procedures.

As noted, the statement of work is a detailed overview of the project scope. It's also a way to share the project requirements, acceptance criteria and payment terms with those who are working on the project, whether they are collaborating or are contracted to work on the project.

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.