Nova 365

Statement of Work

What is Statement of Work (SOW)?

Why SOW?

A statement of work is a documented agreement that outlines the scope of a project’s requirements. It defines project-specific activities, deliverables and timelines for a vendor providing services to the client. 

Typically, it also includes pricing with standard regulatory and governance terms and conditions. It is often an important accompaniment to a Master Services Agreement (MSA) or Request For Proposal (RFP).

A statement of work is useful if you are looking to deploy a digital transformation programme or a specific project within a programme. Such programmes usually require hiring Microsoft experts who can deliver within a certain timeframe which is cost effective.

Other benefits of SOW include process efficiencies, performance governance, detailed reporting, organisational compliance and mitigating the risk of being inside IR35.

What is Statement of Work (SOW)?

A statement of work (SOW) is a documented agreement that outlines the scope of a project’s requirements. It defines project-specific activities, deliverables and timelines for a vendor providing services to the client. It typically also includes pricing with standard regulatory and governance terms and conditions. It is often an important accompaniment to a master services agreement (MSA) or request for proposal (RFP).

Why statement of work?

A statement of work is useful if you are looking to deploy a digital transformation programme or a specific project within a programme. Such programmes usually require hiring Microsoft experts who can deliver within a certain timeframe which is cost effective.

Other benefits of SOW include process efficiencies, performance governance, detailed reporting, organisational compliance and risk mitigation.

Why Nova365?

We treat every project differently by understanding your needs, and providing you with a tailored solution to ensure you get a return of investment.

Get in touch to find out how Nova365 can support you or your business. 

Get in touch to find out more on how Nova365 can make this happen for you and your business.