Selecting the Right Model for Your Company The SOW vs Time and Material debate. Both have their strengths and both have their weaknesses. There are a few things that we’ll discuss in this article that might convince you to go one way or another. I’ll post my preference at the end as well. What is an SOW? The Statement of Work is a legally binding document that outlines the activities, deliverables, and timetables to the client. It’s a contract that shows exactly what the software development agency will do for the client. It lists the agreed-upon requirements and how much