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In this lecture, the speaker discusses how software companies create a software development proposal. A sample proposal is provided based on a previously shared business requirements document (BRD). Successful proposal writing relies on a comprehensive understanding of business processes and project objectives. A crucial component of the BRD is the project scope, which outlines any constraints and restrictions to consider during development. The scope, a functional requirement, addresses three key questions: the problem the organization needs to solve, the restrictions involved, and whether the time and investment in resolving the issue are justified. Additionally, other key elements of the proposal are briefly mentioned.