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A project proposal, also known as a business or work proposal, outlines the approach to execute a solution that meets specific project requirements and constraints. It serves as a potential client's first impression of your team, showcasing your identity, accomplishments, and suitability for the project. The proposal is a written commitment detailing what you plan to execute if awarded the contract. It should balance self-promotion with clear commitments regarding scope, timeline, and budget. Investing time in creating a proposal template facilitates quicker iterations as new requests arise.