The way that I think about a project proposal document is that it is a formal way of persuading the leaders of your company, such as CEOs, managers, and stakeholders, that your project is worth investing in and that it’s the better or best option out of all their choices. The project proposal document introduces the specific problem that you are trying to solve and how you are going to solve it. Besides the problem, the document is also meant to address any concerns or risks associated with your project because failure and loss is something that they will not accept. There are a lot of different pieces of information that must be included in the document such as: the budget, the timeline, the required employees or stakeholders, the responsibilities and roles of each individual involved, and the deliverables. Not only does the document address your questions, but it will help address questions that may arise later on while you are doing the project. One question that I do have is: should there be historical data that should be used in the argument that you make regarding the problem? Is it sufficient to use data on the extant nature of the issue, like reporting on how much the company or business is losing because of the issue?