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A project proposal, also known as a business or work proposal, outlines the approach to execute a solution for project requirements. It is the first contact with a potential client to showcase your team's strengths and why you are the best fit. The proposal is a commitment to what will be delivered if awarded the contract, balancing self-promotion with clear scope, timeline, and budget commitments. Preparation of a proposal template upfront can streamline the creation process for future requests.