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Today's video tutorial discusses the topic of the Statement of Work (SOW) in project management, specifically within the context of PMBOK or PMI. The SOW is a document outlining the terms and objectives of a project or service contract, including the scope of work, deliverables, timelines, and expectations. It serves as a guide for both the customer and the vendor, defining what needs to be accomplished and how it should be done. The SOW acts as a clear roadmap for project execution and ensures alignment between all parties involved.