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A project proposal, also called a business or work proposal, outlines the approach to execute a solution that meets specific project requirements and constraints. It serves as an introduction to potential clients, highlighting the team's qualifications and suitability for the project. The proposal must balance self-promotion with clear commitments regarding scope, timeline, and budget. Creating a well-structured proposal template can facilitate quick iterations for future requests. The document represents a written commitment to what the team will deliver if awarded the contract.