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A project proposal is a document that outlines the approach to executing a solution for specific project requirements and constraints. It serves as a key opportunity to present your team to a prospective client, showcasing your accomplishments and fit for the project. The proposal should differentiate you from competitors while providing a written commitment regarding the scope, timeline, and budget. Creating a proposal template allows for quicker iterations in response to new requests. Overall, a successful project proposal balances self-promotion with clear commitments.