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The topic discussed is the Statement of Work (SOW) in project management, particularly within the Project Management Body of Knowledge (PMBOK) or Project Management Institute (PMI) framework. The SOW is a document that outlines the terms, objectives, scope of work, deliverables, timelines, and expectations of a project or service contract. It serves as a guide for both the customer and vendor in defining what needs to be done and achieved. The SOW essentially acts as a document that defines the scope of work to be completed.