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Anonymous

Posted 3 years ago

I heard that in IT companies for Service Agreement SOW is one of the most important documents. Please let me know why it is so critical?

A. Dear Student,

The Statement of Work (SOW) is a formal document which describes the scope of the work to do in the project. This is an official document which states the requirements, acceptable deliverable which is mutually agreed upon by all parties. The most important part is, this document is formally signed by designated representative of both the sides.

The Statement of Work includes –

Scope of the work
The deliverable and their delivery dates
Agreed acceptance criteria
Project cost and payment schedules

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Kishan Dutt Kalaskar Retired Judge
Kishan Dutt Kalaskar Retired Judge Exp: 35 Year(s) Bangalore
Abhimanyu  Shandilya
Abhimanyu Shandilya Experience: 16 Year(s) Kolkata
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