What is Statement of Work?
A Statement of Work (SOW) is a document, routinely employed in the field of project management, which defines project-specific activities, deliverables and their respective timelines, all of which form a contractual obligation upon the vendor in providing services to the client.
How to use it?
A Statement Of Work defines the scope of work required and the time in which it’s to be performed. A SOW should include:
-Major deliverables and when they’re expected.
-The tasks that support the deliverables
-The project’s governance process, along with how often governing committees will meet.
-What resources are required for the project, what facilities will be used and whose equipment will be needed, as well as testing requirements?
-Who will pay which costs and when
A well-defined statement of work is extremely important for the successful completion of a project.
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