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The video tutorial discusses the concept of a Statement of Work (SOW) in project management, focusing on its significance in PMBOK or PMI. The SOW is a document that outlines the terms, objectives, scope, deliverables, timelines, and expectations of a project or service contract. It serves as a guide for both the customer and the vendor in defining what needs to be done. The SOW essentially defines the scope of work and responsibilities in a project.
