Generally speaking, the very things that made our society into what it is today are projects. Think about it. If Alexander Graham Bell never had his telephone invention project, our means of communication in the 21st century might still be pen and paper. Projects are keys to unlocking amazing breakthroughs, be it in a business, scientific research, and many others. So, if you have an envisioned project, and you believe in its potential, you should start bringing it to life. Convince your superiors to support them with these Project Proposal Examples we’ve listed below.
A project proposal outlines specific details about a potential project. It is an insight into a project’s vital components, such as infrastructure, manpower, funding, and timeline. It also discusses what benefits a project provides once it is complete. The purpose of that is to convince CEOs, executives, higher-up personnel, and other stakeholders to support the project and give the green light to start it.
Bringing your dream project to reality is a tough challenge. But before worrying about that, you need to earn the support and trust of superiors, investors, and stakeholders. For that, you’ll need an excellent project proposal. Preparing a project proposal is one of the infant stages of project management. So, make it count. It’s the deciding factor whether your project will see the light of day or not. Follow these easy steps to devise a winning project proposal.
A project proposal is a presentation. And when it comes to a presentation, it needs to have a formal introduction. That introduction is the project executive summary. It should right away capture the attention of your audience. The executive summary has to convey what your project is all about. When you write it, you can begin with your project’s subtle details and end by showing a full picture of it. The important thing is to summarize your project engagingly.
What makes most proposed projects appealing are the problems they solve. In fact, their ultimate purpose is to solve problems. So, if a project doesn’t solve a problem, it essentially has no purpose from the audience’s perspective. That’s why you must discuss the problem your project will solve. Make your audience understand why you want to push through with your project. Show them how the business or the community will benefit from it. And also, don’t forget to discuss the solution to the problem.
After identifying the problem, you then have to discuss your approaches to make the project successful. What we meant by “successful” is the project being able to provide the solutions to the problem. Show the audience your strategies and deliverables to make your project’s program smooth-sailing. You have to be transparent in your methods for you to obtain their trust and support. Walk them through your project’s process as if they’re already a part of the team.
One of the big question marks in proposing a project is how much will it cost. With that in mind, you have to outline the budget that your project needs. In that matter, you also have to be transparent. You must breakdown all your project’s expenses with accurate estimates or calculations. Don’t get pressured if your project is quite expensive. As long as your budget breakdown is reasonable and your project has potential, your audience will support it.
The six types of project proposals are:
It might come as a surprise, but the most important part of a project proposal is the executive summary. Other parts such as the strategies and budget breakdown are important, of course. But what makes the executive summary most important is its function of capturing the audience’s interest. In other words, it hooks the audience to read the proposal further and support the project ultimately.
Your project could become the next big thing. Whatever benefits it brings, be it for environmental, profit, community progress, and whatnot, bring it to existence. Start your journey by downloading our proposal template for project propositions.