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Scope Of Work: The function, importance and purpose in Project Management

If you are working in a corporate environment, you probably always hear the S.O.W. (short for Scope of Work) on the conversation among your peers.  If you are in a Project Team, you are surely an active part of it. If you have not heard it, it doesn't mean you are/were not part of it. So, what really is the Scope of Work? What is its function? How important it is to have a clear SOW? These are the basic question that everyone in the team or stakeholders should know about  However, it is not enough that it is known but should also be understood and acknowledge - most of the time by affixing the signature on it. What is the Scope of Work? Scope of Work is a set of description of work to be done in the Project , with the defined responsibilities per party and the ultimate objective of the work - or Project being deliberated. Most of the time, it discusses how the proponent wants a specific task is done, the methodology and manner to do it. In a sense, it contains the work specificat