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The video tutorial discusses the concept of a Statement of Work (SOW) in project management, focusing on the Project Management Body of Knowledge (PMBOK) or PMI. The SOW is a document outlining the terms and objectives of a project or service contract, including deliverables, timelines, and expectations. It serves as a guide for both the customer and vendor, defining what needs to be done and the scope of work required. The SOW essentially sets the parameters for the project and ensures clarity and alignment between the parties involved.
