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A project proposal, also known as a business proposal, outlines the approach to meet specific project requirements and constraints. It serves as a crucial communication tool for a prospective client, showcasing your team's skills, achievements, and suitability for the project. The proposal acts as a written commitment detailing the intended execution if the contract is awarded. It should balance self-promotion with clear commitments on scope, timeline, and budget. Investing time in a proposal template streamlines the process for future iterations, adapting to various requests efficiently.