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A project proposal, also known as a business proposal, outlines the approach needed to implement a solution that meets specific project requirements and constraints. It serves as the first impression for prospective clients, showcasing your team's capabilities and positioning you as the ideal candidate for the project. The proposal acts as a commitment to what you intend to deliver if awarded the contract, balancing self-promotion with clear commitments regarding scope, timeline, and budget. Although formats may vary, dedicating time to create a proposal template simplifies the process for future requests. The summary suggests seven essential components to include in the document.