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A project proposal, also known as a business proposal, outlines the strategy to execute a solution that meets specific project requirements and constraints. It serves as an opportunity to present your team’s approach, accomplishments, and suitability for the project to potential clients. The proposal acts as a written commitment detailing what you will deliver if awarded the contract, balancing self-promotion with clear commitments to project scope, timeline, and budget. Tailoring your proposal to each situation is essential, and investing time in developing a proposal template can facilitate quicker iterations for future requests.