SOW (Statement of Work)

A statement of work (SOW) is a legally binding document that outlines the details of a project, including the work to be done, the timeline, and the cost. It's typically created between a client and a vendor and ensures that all parties involved have a clear understanding of their responsibilities and expectations.

A SOW can include the following details:

Project deliverables, timeline, work location, payment terms and conditions, resources, special requirements, expected outcomes, and project team.

A SOW is essential because it forms the basis for a contract and can affect the project's success or failure. Ensuring the SOW is clearly defined, unbiased, and contractually sound is essential.

A SOW differs from a scope of work, while another document provides a framework for project success. While both documents are abbreviated as SOW, they are separate documents that complement each other.