noun, verbal noun
Please present your plan in the form of a proposition.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.
"So what did you think of the proposal?" "Well, I think it was just okay."
I wonder if it's worth proposing this idea when it's going to be rejected anyway.