If you are involved in project management, the statement of work is

something you are pretty much aware of. When composing an SOW, you can

leave no room for mistakes because it covers all the future

cooperation stages, and it's part of a legally binding agreement.



Project managers understand the importance of a statement of work as

even the slightest misunderstanding or mistake can set your project

back. That's why putting on paper a project's ins and outs in advance

can save you a lot of trouble. Each SOW requires a comprehensive

approach and needs to be well-polished before everyone signs the

dotted line.



But what happens if you are faced with the statement of work for the

first time? It can be a bit confusing. Don't worry - we've prepared a

guide to walk you through this process and help you accomplish

everything expected from you.



WHAT IS A STATEMENT OF WORK IN PROJECT MANAGEMENT?



Statement of work is a document that covers all the details related to

the project and involves a vendor ...