What
is Statement of Work in Project Management?
Explanation
of Work (or SOW) is a conventional record that characterizes the whole extent
of the work required for a seller and explains expectations, expenses, and
timetable. It is required in circumstances where a venture includes merchants
and outer donors notwithstanding the interior task group. You ordinarily make a
SOW as a major aspect of an offer archive or part of an agreement. It is
essential that the SOW is obvious to all partners so as to explain the
measurements for progress and to maintain a strategic distance from questions
including expectations, spending plans, or timetables.
The statement of work should include:
All deliverables and due dates.
The individual tasks that lead to the deliverable,
and who these tasks are assigned to.
The resources needed for the project including
facilities, equipment, and QA procedures.
The governance process for the project.
Costs and deadlines for payment.
A work statements is a record inside an agreement
that portrays the work necessities for a particular task alongside its
presentation and structure desires. The fundamental motivation behind the SOW
is to characterize the liabilities, obligations and work understandings between
two gatherings, generally customers and specialist organizations.
SOWs ought to be written in exact language that is
pertinent to the field of business. This forestalls misinterpretations of terms
and prerequisites. Albeit nitty gritty, a SOW is a general portrayal of work.
At whatever point further details of a specific undertaking are required, the
SOW makes reference to strengthening documentation.
An elegantly composed SOW will characterize the extension
and Key Performance Indicators (KPIs) for the understanding. These KPIs would
then be able to be utilized as a standard to decide if the specialist co-op has
met states of the SOW.
SOW organizations can shift starting with one industry
then onto the next, yet a similar key rules ought to be followed regardless for
the SOW to be successful.
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