Once a client has accepted a project proposal (e.g. scope, costs, timeline, etc.) you should develop and present a Statement of Work (SOW). A sufficiently detailed SOW can assist with the negotiations during the bidding process as well as deal with potential conflicts during the execution of the contract. The SOW can be utilized to address risks such as not meeting requirements or non-performance of work.
Question: As you work on the improvement of software program project at Walmart, based on assumptions determined and estimate the price or cost of the project?