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B C E F H I L M P S T W
Sm So
Sol Sow

SoW

Statement of Work, or Scope of Work.

The formal description of goods and/or services to be provided by a contractor. It may be prepared by Engineering or by Procurement, but should be managed under revision control.

Related entries

  • Contracting strategy
  • Procurement and contracting plan (PCP)
  • Local content
  • Competitive tension
  • Free-issue

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Post categories

  • Doing (14)
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Tags

behaviour bid management competencies construction management contractor contractors developing economies difficult experience financial distress firms fragility improvisation incentives information asymmetry innovation insolvency intuition local content markets monopolies moral hazard opportunism payment payment terms pmbok power procurement procurements project qualification reduce remuneration resilience risk scope social licence to operate Strategy suppliers terms trade credit vendors volatility weak signals work packaging

About Us

Corvative Pty Ltd provides a range of contract and commercial consultancy services. We have more than 20 years’ global expertise in supporting major project procurement strategy, planning, work packaging, scope development, bid management and contract management in resources and utilities.
Headquartered in Perth, Western Australia, we offer services on a global basis.

Recent Posts

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