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A project proposal, also known as a business or work proposal, outlines the strategy to execute a solution that fulfills specific project requirements and constraints. It serves as a crucial communication tool with prospective clients, highlighting your team's qualifications, achievements, and suitability for the project. The proposal acts as a written commitment detailing your plans if awarded the contract, balancing self-promotion with clear commitments to the project's scope, timeline, and budget. Tailoring a proposal template in advance can streamline future iterations as new requests come in.