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A project proposal, also known as a business or work proposal, outlines the approach needed to deliver a solution that meets specific project requirements and constraints. It serves as the initial communication with a potential client, showcasing your team's identity, achievements, and suitability for the project. The proposal functions as a written commitment detailing the execution plan if awarded the contract. It must balance self-promotion with clear commitments regarding scope, timeline, and budget. Investing time in creating a proposal template can streamline the process for future iterations as new requests come in.