Lock Chart Statement Of Work For Free

Statements of work don't clearly define the scope of a project. A poorly-defined project scope can lead to costly misunderstandings. If expectations are not set properly, your team may believe they are delivering only one or two parts, while the customer may think they are getting ?everything?.

Whether the SOW is written by the government or the contractor (or some combination of both), it is a key element of a contract. After the contract award, requirements in the SOW (and associated specifications) constitute the standard and discipline for the contractor's effort.

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

These are the steps you can take to create a simple, but well-defined statement of work. Introduce 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.

It's also important for both parties to sign off on an SOW before any work begins as this makes it legally binding on both sides. Failure to do so could mean that one party has no legal recourse should things go wrong further down the line.

While workers on a contract for services will work on a time basis ? either at an agreed hourly or daily rate ? a Statement of Work is generally used on a project basis, with the overall fee for the project broken down and assigned across the deliverables.

There are a few key ways in which a contract SOW (statement of work) differs from a more traditional contract. For one, a SOW is much more specific in outlining the work to be completed and deliverables expected, whereas a standard contract may be more vague.