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The statement of work (SOW) is a document that describes the terms and objectives of a project or service contract, including the scope of work, deliverables, timelines, and other expectations. It is important in project management and is a key part of the Project Management Body of Knowledge (PMBOK) or Project Management Institute (PMI). The SOW helps define the work to be done between the customer and the vendor, outlining what the customer wants and what needs to be done to meet those objectives.