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project agreement

A document or set of documents baselined by the acquirer and the supplier that specifies the conditions under which the project will be conducted. A project agreement may include items such as the scope, objectives, assumptions, management interfaces, risks, staffing plan, resource requirements, price, schedule, resource and budget allocations, project deliverables, and acceptance criteria for the project deliverables. Project agreements are very often defined in the contract statement of work.

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