When hiring a business or individual in connection with a project, it is important that all parties create and agree to a clear and precise Statement of Work.
A Statement of Work (SOW) is a formal document entered into by parties involved in a project that specifies in clear understandable terms the work to be completed. A SOW should capture and define the specific work to be performed for a client, deliverables, and a timeline that a vendor or contractor must execute – at a bare minimum.
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