I've advocated for version control of documents (and they're Word docs, no matter what tech stack the project uses) since the mid-90s. Don't do this unless you want project managers to look at you like you're growing a second face on your ass.
But working with source code without version control (usually something useless you have to pay for)!?!? Why, that's against Best Practices! What if you get hit by a bus!?!?
I'm amused that someone is trying to monetize the fact that Word's weird file format isn't amenable to any kind of ordinary version control. Good on ya, and more power to you, Simul! The world needs Word docs in version control, and I'm not being facetious or ironic.