Statement of Work / Managed Services
Through our Statement of Work solution, we bring quality, efficiency, and, transparency to every SOW program we work on.
Led by SOW experts, we manage the end-to-end process of each program with complete care and control so you can be confident of a timely and effective delivery
What is Statement of Work / Managed Services?
Statement of Work (SOW) models are outcome-based contracts. The outcomes, or contracts, are usually project, milestone, or service-based, typically with a fixed fee for delivering the goal promised at the beginning of the agreement. The document will outline the work that needs to be done or the scope of work being provided, project deliverables, timelines, work location, and payment terms and conditions.
We can also manage the full Statement of Work lifecycle, including scoping requirements, service delivery, process administration and management, offices, workers, and measurement. We undertake projects of varying scales and durations and can deliver on-site at client premises or from our own locations.
Why Choose Us?
A Statement of Work offers an alternative to conventional recruitment models. Instead of supplying resources on an hourly basis, a SOW provides fixed costs for achieving set milestones or deliverables.
Our in-house Project Delivery team manages the process with expert PMO governance. We implement tracking and constant evaluation to ensure the outcome meets the objectives. We design a solution that suits the client’s needs, not ours.
Benefits of Partnering with Lorien for Statement of Work/ Managed Services
Transparency
Fixed costs and set milestones mean results that meet expectations
Reduced Risk
We manage requirements end-to-end, so the risk is mitigated while the pressure to deliver is lifted from you
Efficiency
We stick to our promises, which means setting realistic timeframes that deliver the best results in the shortest timeframe. There is no need to put your business strategy on hold.
Control
Performance management, regular reporting, and precise requirements mean consistent, compliant results. Of our SoW solutions, we have hit 100% of deliverables on time and within budget.