A project proposal is a formal, persuasive document that outlines a course of action to initiate new projects or solve problems. It states that in exchange for funding or resources, the proposer will deliver a desired outcome. Project proposals can be formal or informal, internal or external, and solicited or unsolicited. A formal proposal typically includes sections on the abstract, methodology, problem statement, organizational structure, project plan and schedule, advantages/disadvantages, proposed solution, and conclusion.

1. Project Proposal