SOW PROJECT MANAGEMENT Your Way To Success

What is Statement of Work?

Statement of Work (SOW) is a formal PM doc that is aimed to define the entire project scope of work and clarify deliverables, costs, and timelines.

SOW is used in cases when projects involve vendors and external contributors. This document is usually created as a part of a contract. Project managers should pay enough attention to make sow project management clear to all stakeholders to avoid disputes involving deliverables, budgets, or timelines.

What should SOW include?

Usually, the statement of work consists of the following elements:

All project deliverables and milestones

Purposes and scope 

Due dates

Individual tasks

Expected outcomes

Certain terms, conditions and requirements

All resources needed for the project (facilities, equipment, QA procedures, etc.)

Costs and payments with deadlines

The advantages of a Statement of Work

The announcement of work is the nitty gritty review of any task. The significant importance of this doc is to share what the task involves with individuals who are taking a shot at it, regardless of whether they are teaming up or are contracted to chip away at the venture. It's about merchants and contractual workers.

SOW helps venture pioneers, as it gives them a structure on which their undertaking plans can be based on. The doc helps to maintain a strategic distance from clashes in the venture and keep everybody that is engaged with the task in agreement and attempts to leave disarray to a base.

How to prepare the statement of work?

Almost certainly, it's simpler to compose any report on the off chance that you have a supportive format. Most layouts incorporate a glossary of terms, characterizing what you're referencing in the SOW, organization data, etc. 

You can make your own format. Attempt to be explicit and explain the terms used to make them generally comprehended. Characterize who will do what and what time for undertakings is required. This will assist with maintaining a strategic distance from disarray later when you can't manage the cost of any miscommunications or debates.