What is a technical proposal and are there different types?

<span data-sheets-value="{"1":2,"2":"A technical proposal is a document that outlines how a contractor/entity plans to approach the technical requirements of a project. Technical proposals can be of many types, such as solicited, unsolicited, renewal (or competing), preproposals, and continuation (or non-competing) proposals."}" data-sheets-userformat="{"2":15105,"3":{"1":0},"11":4,"12":0,"14":{"1":2,"2":0},"15":"Montserrat","16":5}">A technical proposal is a document that outlines how a contractor/entity plans to approach the technical requirements of a project. Technical proposals can be of many types, such as solicited, unsolicited, renewal (or competing), preproposals, and continuation (or non-competing) proposals.

What are the four parts of a technical proposal?

<span data-sheets-value="{"1":2,"2":"The four parts of a technical proposal are (1) an introduction or summary of the technical problem, (2) plan of action to address the said problem, (3) staffing plan to address what work will be done and by whom, and (4) a suggested plan which will measure milestones and outcome of the project."}" data-sheets-userformat="{"2":15105,"3":{"1":0},"11":4,"12":0,"14":{"1":2,"2":0},"15":"Montserrat","16":5}">The four parts of a technical proposal are (1) an introduction or summary of the technical problem, (2) plan of action to address the said problem, (3) staffing plan to address what work will be done and by whom, and (4) a suggested plan which will measure milestones and outcome of the project.

What is a technical proposal in project management?

<span data-sheets-value="{"1":2,"2":"A technical proposal in project management is a document that provides a clear structure of what a technical problem is and how the problem will be addressed. It includes information about the product, company duties, consideration, ownership, modifications, and applicable law."}" data-sheets-userformat="{"2":15105,"3":{"1":0},"11":4,"12":0,"14":{"1":2,"2":0},"15":"Montserrat","16":5}">A technical proposal in project management is a document that provides a clear structure of what a technical problem is and how the problem will be addressed. It includes information about the product, company duties, consideration, ownership, modifications, and applicable law.

Technical Proposal Template

DESCRIPTION

CREATED BY:

[Sender.FirstName][Sender.LastName][Sender.Company]

PREPARED FOR:

[Client.FirstName][Client.LastName][Client.Company]

ABOUT NAME OF COMPANY

Introduce yourselves first. Extensive profiles detailing the inventor(s), their educational backgrounds, and professional backgrounds will be important because the company to whom this technical proposal is written is likely very skeptical of proposals of this nature, and the person reviewing it probably sees a lot come across his desk. Separate yourselves with your credentials if you can. Something is going to have to grab their attention, and it doesn’t necessarily have to be your credentials but great credentials do not hurt you in this scenario.

WHAT IS (PRODUCT.NAME) ?

Introduce the concept for the product. Give a very high level overview of it in a few paragraphs. This might be the most important section of your technical proposal because if you can’t get the reader’s interest at this conceptual level, then you will never get them to read any further through the specifics that you will get into in the next section. You should think of this section as painting a picture and conveying your vision to your reader.

HOW DOES Po WORK?

Now is the part of your technical proposal where you get into the nitty-gritty details of the product. If you have captured your reader’s attention you should be able to keep it through this section where they learn about the inner workings of the product. Again, with a technical proposal, perhaps more than any other, it is important to keep the reader’s attention. While the nature of this section necessitates some really dry details, infuse some energy wherever you can because if you lose your reader than it’s over.

TECHNICAL CONTRACT TEMPLATE

This Technical Contract (the “Contract”) states the terms and conditions that govern the contractual agreement between [Sender.Company] having its principal place of business at address (the “Company”), and investor name (the “Inventor”) who agrees to be bound by this Contract.

WHEREAS, the Inventor has conceptualized (Product.Name) which is a product description (the “Product”) and the Company has agreed to extent of commitment according to the terms and conditions herein.

NOW, THEREFORE, In consideration of the mutual covenants and promises made by the parties hereto, the Company and the Inventor (individually, each a “Party” and collectively, the “Parties”) covenant and agree as follows:

THE PRODUCT

Technical details of the Product are attached hereto as Exhibit A.

COMPANY DUTIES

The Company agrees to perform all duties described on the page attached hereto as Exhibit B.

CONSIDERATION

In consideration for the rights conveyed herein, the Company agrees to pay the Inventor amount to be paid on or before date.

OWNERSHIP

The Parties acknowledge and agree that the Company will hold all intellectual property rights in the Product including, but not limited to, copyright and trademark rights. The Inventor agrees not to claim any such ownership in the intellectual property inherent in the Product at any time after the execution of this Contract.

NO MODIFICATION UNLESS IN WRITING

No modification of this Contract shall be valid unless in writing and agreed upon by both Parties.

APPLICABLE LAW

This Contract and the interpretation of its terms shall be governed by and construed in accordance with the laws of the State of and subject to the exclusive jurisdiction of the federal and state courts located in country, state.

[Sender.Company]

Signature

MM / DD / YYYY

[Client.Company]