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A project proposal is a document that outlines the approach to execute a solution for project requirements and constraints. It serves as the first impression for potential clients to showcase your team's skills, accomplishments, and why you are the best fit for the project. It is a written commitment of what you plan to execute if awarded the contract, balancing selling yourself with clear commitments to scope, timeline, and budget. Creating a proposal template upfront can help streamline the process for future requests.