Analysing Procurement Statement of Work for Projects
Procurement Statement of work for projects is a detailed narrative description of the resources, goods or services that are being sought from external sources to fulfil a project’s requirements.
It is distributed to potential sellers, who will use it to evaluate their capacity to perform the work or provide the services.
In addition, a project statement of work will serve as a basis for developing the procurement document during the solicitation process. Information in the project scope baseline is used to create the procurement SOW.
The procurement Statement Of Work goes through multiple rounds of reviews and foxes until the contract award is signed.
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