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SOW stands for Statement Of Work. How many of you have used this in their work environment and which type of SOW have you experienced of?
A Statement of Work is that statement that outlines specific services a supplier is expected to perform, by indicating the type, level and quality of service, as well as the time schedule required
Statement of work. The S.O.W. identifies what the contractor is to accomplish. It first clearly identifies the primary objective and then the subordinate objectives. One of the goals of the S.O.W. is to gain understanding and agreement with a contractor about the specific nature of the technical activity to be performed. The S.O.W. also impacts the administration of the contract by defining the scope of the contract, that is, what the contractor is supposed to do and the purchaser supposed to receive.
The term SOW is 'Scope of Works' and is a document used in project works. Procurement equivalents are contracts, MOU (memorandum of understanding), and the terms and conditions that are binding to a purchase order.
I consider this stands for Scope of Works