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A project proposal, also known as a business or work proposal, outlines the approach to executing a solution that meets specific project requirements and constraints. It may be the first communication a potential client has with your team, presenting an opportunity to showcase your qualifications and differentiate yourself from competitors. The proposal serves as a written commitment detailing your planned execution if awarded the contract, balancing self-promotion with clear commitments to scope, timeline, and budget. Investing time to format a proposal template can streamline the process for future requests.