Competitive analysis

Brief but powerful, the scope of work is one of the essential tools in the project management world. This is because it describes exactly what falls under the framework of a project, as well as what doesn't.

A statement of work, also known as a SoW, is an essential project planning and project management tool. At its most basic, it acts as a kind of formative contract between a customer and a company.

They can take many different forms, but they essentially consist of a collection of resources, documents, and information distributed to a company's employees. They're often sent out to new hires just before their first day of work in the form of a welcome e-mail.