# Statement of Work (SOW)

A Statement of Work (SOW) is a formal document that defines the specific services, deliverables, timelines, and costs for a project. It serves as a binding agreement between a client and a contractor.

# What's Included

• Templates
• Best Practices
• Example SOWs

# Key Components

1. Project Overview

   • Project scope and objectives
   • Background information
   • Expected outcomes

2. Deliverables

   • Specific products or services
   • Quality standards
   • Acceptance criteria

3. Timeline

   • Project schedule
   • Milestones
   • Delivery dates

4. Requirements

   • Technical specifications
   • Performance standards
   • Compliance requirements

5. Terms and Conditions

   • Payment terms
   • Change management process
   • Reporting requirements