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A project proposal, also known as a business or work proposal, outlines the approach to fulfill specific project requirements and constraints. It serves as an initial introduction to potential clients, highlighting your team's capabilities and positioning you as the best choice for the project. The proposal is a formal commitment detailing the execution plan if awarded the contract, balancing self-promotion with clear commitments on scope, timeline, and budget. Creating a well-structured proposal template is essential for efficiently adapting it for different requests.