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A project proposal, also known as a business or work proposal, outlines the approach to meet specific project requirements and constraints. It serves as the initial communication to potential clients, highlighting your team's identity, achievements, and suitability for the project. A well-crafted proposal should differentiate your offer from competitors while committing to scope, timeline, and budget. Crafting a proposal template can streamline the process for future requests. The video outlines seven essential elements to include in an effective proposal.