Statement of work: A document routinely used to describe services to be rendered. It provides a clear understanding of the project-specific activities, deliverables and timelines. Also known as a SOW.

As a small business vendor, writing a statement of work is a staple of bidding on projects in the hopes of winning contracts. Statements of work are most prevalent in the federal, state and municipal ...

Statements of work may sound like something only large companies should use, but they are increasingly important for small business owners as well. Sure, the breadth and volume of work you do may be ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Hiring a PR firm isn't just about getting media placements anymore. The introduction of ...

You can draft the best, most protective contract in the world, but if the statement of work (SOW) fails to adequately describe the deliverables and the services to be rendered, the project can fail, ...

How much time do you spend writing statements of work? At some point, the impact on productivity becomes inevitable. Every project begins with formalities: documenting agreements, timelines, and ...