Lorien's Statement of Work solution is delivered by technology, advisory, and project delivery specialists. We bring quality, efficiency, and transparency to every Statement of Work program and work closely with our clients to manage the end-to-end process of project delivery with complete care and control. Led by experts, we combine deep tech sector knowledge with advanced analytics and years of experience in specialist delivery to solve business challenges.
What are the benefits to Statement of Work (SOW) / Managed Services Delivery?
Statement of Work (SOW) models are outcome-based contracts. The outcomes, or contracts, will usually be project, milestone, or service-based, typically with a fixed fee for delivering the goal that was 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. Alongside this, we can also manage the full Statement of Work lifecycle, including scoping requirements, service delivery, administration and management of processes, offices, workers, and measurement. We also undertake projects of varying scales and durations and can deliver onsite at client premises or from our own locations.
- 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.
- 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.
- Standalone services - Free time to refocus on your business, knowing your work items are safe.
- 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.
- Expertise—In addition to having the technical expertise to find your tech resources directly, we also have a dedicated Director of Programmes with expertise in managing SoW projects.
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, implementing tracking and constant evaluation to ensure the outcome meets the objectives. We design a solution that suits the client’s needs, not ours.
You can rely on us to bring about significant change by assembling custom project teams, integrating extensive expertise, and ensuring tasks are executed efficiently. Our clients need urgent and crucial transformation, and we specialize in turning strategic plans into tangible results.
Our subject matter experts (SMEs) work closely with your team to help you reach your project goals. We have a large pool of global STEM talent to provide valuable insights that can strengthen your organization's resilience.
As experts in our field, we comprehend the current business landscape and are devoted to efficiently translating our clients' strategies into tangible results.
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Book a call with us and find out how we can help you and your team achieve greater heights.
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