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.
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 ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...