SOW in Project Management

A comprehensive SOW agreement defines each and every aspect of the project in clear terms to all parties involved.

A formal SOW document is especially helpful when working with external resources or outsourcing projects to vendors or third parties. It serves as a legally binding contract that comes into play in case of disputes arising due to failure or breach of any terms of the project.

It’s also helpful to project manager, as it provides a structure on which the project plan can be built on. The statement of work will also help to avoid conflicts in the project.