The SOW acronym Statement of Work template is a simple formal document with all the details of a given project or work. A SOW Template is a template that helps you create the Statement of Work for your project.

Template Details:

• SOW Template specifies what will be done, how it will be done, and when it will be completed.
  
  
• A SOW Template can also include information about risk management strategy, cost/budget estimation, scope of work definitions, and more.
  
  
• A SOW template is a document which defines the scope, deliverables and milestones of a project. It is typically used for larger projects that can take more than one year to complete and require input from different stakeholders.
  
  
• A SOW template provides an outline that outlines all necessary tasks to be completed in order to reach the desired outcome for the project. 

Features Of SOW Template:

• An SOW template is an easy way to track the progress of your project by providing milestones, tasks, deliverables, and deadlines.
  
  
• You can save time on paperwork since contracts, change orders, invoices, etc., are all generated from the template.
  
  
• There is less chance for confusion because everything is in one place.
  
  
• This includes what services were contracted for and pricing information as well as who needs to approve each document before it's sent out or finalized.