Tuesday, April 19, 2022

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

Statement of Work (SOW) documents are extremely detailed and binding contracts that specify all the details of a project, including hierarchies of reporting, timelines, budgets, deliverables, dependencies, resources, and other terms and conditions agreed upon by all stakeholders. It is a complete project plan that lays down the groundwork for the working process of the project from start to finish.

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