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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 key opportunity to introduce your team to a potential client, showcasing your qualifications and positioning you as the ideal fit for the project. The proposal acts as a written commitment detailing your planned execution if awarded the contract, balancing self-promotion with clear commitments to scope, timeline, and budget. To facilitate quick iterations for new requests, investing time in creating a proposal template can be beneficial.