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A project proposal, also known as a business or work proposal, is a crucial document that outlines the approach to fulfill specific project requirements and constraints. It represents an opportunity for your team to present its identity, achievements, and qualifications to a potential client. The proposal serves as a commitment to what you plan to deliver if awarded the contract. It should effectively balance self-promotion with clear commitments regarding scope, timeline, and budget. While each proposal situation may vary, creating a well-structured proposal template can streamline the process for future requests.