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Thomas Suit discusses the Statement of Work (SOW) in project management, focusing on the PMBOK or PMI. The SOW is a document that outlines the terms, objectives, scope of work, deliverables, timelines, and expectations of a project or service contract. It defines the tasks to be performed between the customer and vendor, with the customer stating what they want to achieve. The SOW is essentially a document detailing the scope of work to be done.