Monday, September 21, 2020

Statement of Work (SOW)

 The specification specifies what the developer must do when executing the contract. The documentation created under the contract is defined, for example, in the specifications. Security requirements, which include many aspects of the development process and the evidence that must be provided to ensure that the organization has properly and fully executed, can also be specified in terms of Reference. ,

Responsibility for writing and producing a field of work at first glance seems a difficult task. However, once you understand what is in the various parts of the document, the administration is greatly simplified, and it can be a useful tool to better organize yourself before starting a project.

A specification is useful because it explains exactly how you want to run a project with specific tasks, activities, services, and schedules. It is also a valuable document for your client as it communicates the goals of the project and describes the expected results before you start working.

Project Statement of Work is a well written and detailed way to build strong relationships with your client from the start and can help prevent future misconceptions. Below are six general components that should consider. Note that the SOWs vary by industry. For example, government customers may have particular needs, and customers from other industries may be more relaxed.

What is a statement of work?

There is some information that makes a working statement. Some are always available; others may be considered or excluded depending on the type of work or industry required. These are the most important:

Project objective: The business case, why even the project implemented.

Scope of work: This is a general explanation of everything provided by the contractor, including a basic overview of deliverables, timeframe, costs and requirements. For example, within three weeks, IMG Graphics will deliver five poster designs for $ 12,000 and will have access to our graphics and image catalogues as well as marketing information.

Workplace: for many contractors, particularly in digital technology or marketing, a site can be much more flexible without worrying about transport costs. This section explains where people and the location of equipment, software and even cloud-based systems will work.

Milestones: This is where both parties agree on the date on which the contractor must reach or deliver specific points.

Results: These are the actual results of the project, for example what the seller should provide to the organization.

Program: Description course of the project, with exploratory meetings, start date, milestones and outstanding results, signing and closing of the project.

Applicable standards: Establish regulatory or sector standards that must be met in the execution of the work. For example, they may include the integration of the GDPR for technological work related to Europe or the search for fair trade ingredients for an ethical food producer.

Acceptance criteria: Which factors control the success of the project.

Payment plan: How the contractor will be paid and when, or after certain dates, or after achieving specific goals or achieving results.

Conclusion: How the final results will be accepted and who will sign and conclude the contract.

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