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A project proposal is a document that outlines the approach to meet project requirements and constraints. It is an opportunity to showcase your team's capabilities and expertise. The proposal should emphasize why you are the best fit for the project and make you stand out. It is also a commitment to what you plan to execute if you win the contract, balancing selling yourself with clear commitments to scope, timeline, and budget. Creating a proposal template upfront can streamline the process and allow for quick iterations as needed.