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A project proposal, also known as a business or work proposal, is a document outlining the approach to meet specific project requirements and constraints. It may be the first communication a prospective client receives from your team, showcasing your capabilities and why you are the best fit for the project. The proposal serves as a written commitment to what you plan to execute if awarded the contract, balancing self-promotion with clear commitments regarding scope, timeline, and budget. Customizing a proposal template for different situations can streamline the process of creating proposals as new requests come in.