Business & Finance Corporations

How to Draft a Project Proposal

    • 1). Create a title page. Many organizations requesting project proposals have a required format for title pages and proposals. If a format is given, follow it. Otherwise include the name of your company, title of the project and key members of your organization on the title page.

    • 2). Write the project overview. The actual project proposal begins with an overview, which is a summary of the project. It does not include specific aspects or details of the proposal but should paint an overall picture of what is contained within the proposal. The project overview is commonly written last, although it is included as the first section of the proposal. It should tie the entire proposal together and often times writing it last works much better to accomplish this. The overview is what creates an impression in the mind of the reader, so it is important that it is written strongly.

    • 3). Write the statement of the problem. This section of the proposal begins discussing the problem that is being solved through this project. It also contains any pertinent background information regarding the project. Give reasons why you're company is unique and how your company will avoid common errors. Use this section also to prove that this project is definitely needed and therefore funding should be approved.

    • 4). Determine the project goals and objectives. Create goals that are attainable and objectives that are measurable. This includes a timeline and milestones throughout the life of the project.

    • 5). List all methods that will be used. The methods used should correlate with the project's objectives. All methods you are planning on using should be listed to show that the project has been planned thoroughly.

    • 6). List key personnel and resources. The next section of the project proposal is used to list all key people that will be a part of the project. This also shows that the organization has planned thoroughly and has the necessary resources to complete the project successfully.

    • 7). Include a budget. The organization reviewing the proposals will look at the budget for accuracy and completeness. They will check to see if the money will be used properly and wisely. When creating the budget, be as realistic as possible. If the funding is not high enough, the project may not be successful because of lack of funds.

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