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In today's tutorial, Thomas Suit discusses the importance of a Statement of Work (SOW) in project management based on the PMBOK or PMI. The SOW is a document that outlines the terms, objectives, scope of work, deliverables, timelines, and other expectations for a project or service contract. It serves as a guide for defining the tasks and responsibilities between the customer and the vendor. The SOW essentially defines what needs to be done and clarifies the project's scope and requirements.
