In: Operations Management
What is a SOW? How does a good SOW set a good future relationship between a buyer and a seller?
Statement of Work (SOW) is a document that describes what needs to be done in an agreed contract.
A good SOW will set up a good future relationship between the buyer and seller, as it is the first document to be created and it details all the elements and overview of the contract/project, there is no chance for confusions or clashes. It explains all the factors that the provider will put forth. Therefore we can say that if the Statement of Work is good it will create a healthy and good relationship between the buyer and seller.