The Statement of Work SOW is an important tool used internally or externally to govern project activities performed by vendors or by departments within the organization. It is also legally binding and must be approved by the project’s client before work can commence.
Coming up with a well-planned statement of work turns out to be quite meaningful as a project enters the development stage. It not only gives detailed specifications for completed work but also defines responsibilities and liabilities. To fully understand what a Statement of Work is, we need to take a closer look at the elements it consists of.
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As noted, the statement of work is a detailed overview of the project in all its dimensions. It’s also a way to share what the project entails with those who are working on the project, whether they are collaborating or are contracted to work on the project. This includes stakeholders like vendors and contractors who are bidding to work on the project.
It’s also helpful to the project leader, as it provides a structure on which the project plan can be built on. The statement of work will also help to avoid conflicts in the project. With detail and clarity, the SoW helps keep everyone that’s involved in the project on the same page and works to leave confusion to a minimum.
When building your schedule, it helps to use project management software. It can be immensely helpful for organizing your tasks and resources, as it’s critical to make an accurate schedule at this stage in the project. Watch the video below to learn more about how project management software can help you make a schedule, and then stick to it so you can manage a successful project.
