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Today's topic is the Statement of Work (SOW) in project management. The SOW is a document that outlines the terms and objectives of a project or service contract, including the scope of work, deliverables, timelines, and expectations. It defines what needs to be done between the customer and the vendor, detailing the customer's requirements and what the vendor needs to deliver. The SOW is crucial for ensuring clarity and successful project execution within the PMBOK or PMI framework.