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A project proposal, also known as a business or work proposal, outlines the approach to meet specific project requirements. It serves as the first impression for potential clients, showcasing your team's identity, accomplishments, and suitability for the project. The proposal must effectively balance selling your services and committing to scope, timeline, and budget. Investment in a formatted template streamlines the preparation of proposals for varying requests. The document should clearly communicate your plans and highlight what sets you apart from competitors.