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In this lecture, we will learn how software companies write a software development proposal. The proposal should be based on the business requirement document, which outlines the project's objectives and processes. The scope of the project is the most important element, defining the problem to solve, restrictions to consider, and the value of solving the problem. Developing a thorough understanding of the business processes and key objectives is crucial for proper implementation of the requirements. Have you read the business requirement document provided in the previous video?