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A project proposal, also known as a business or work proposal, outlines the approach to fulfill specific project requirements and constraints. This document is often the first interaction a prospective client has with your team, making it essential to showcase your qualifications and strengths to stand out. Practically, it serves as a written commitment detailing what you plan to execute if awarded the contract. The proposal must balance self-promotion with clear commitments regarding scope, timeline, and budget. Investing time in developing a proposal template allows for quick iterations as new requests come in.