The Project Proposal template is a pre-project document which is used as a kick-off point for any idea for a project. It should briefly outline the proposed approach, staffing, costs, timescales, business drivers and benefits.
The figures quoted in the Project Proposal should be “ball park” figures to be used as “indicative” rather than actual estimates. Do not waste too much time trying to get accurate figures at this stage, as this is not what Project Initiation is all about.
A Project Proposal should be considered as a high-level document that does not go in to detailed solutions. It is normally used to recommend an idea to a decision making body (e.g. Steering Committee) in order to get the go-ahead to formalise as a “Project” and proceed to the next stage. This next stage involves allocating resources to investigate the feasibility further and produce a Project Charter document.