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A project proposal, also known as a business or work proposal, is a document that outlines the approach to deliver a solution based on specific project requirements and constraints. It serves as a first impression for potential clients, showcasing your team's qualifications and suitability for the project. A successful proposal balances promoting your capabilities with clear commitments to the project's scope, timeline, and budget. Investing time in creating a proposal template can facilitate quicker iterations for future requests.