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A project proposal, also known as a business or work proposal, defines the approach to execute a solution that meets specific project requirements and constraints. It serves as a first impression for prospective clients, showcasing your team’s capabilities and why you are the best fit for the project. The proposal acts as a written commitment detailing your plans if awarded the contract, balancing self-promotion with clear commitments to scope, timeline, and budget. Investing time in creating a proposal template can streamline the process for future requests, allowing for quick iterations.