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Today's tutorial by Thomas Suit discusses the importance of a Statement of Work (SOW) in project management, specifically within the PMBOK or PMI framework. The SOW is a document that outlines the terms and objectives of a project or service contract, including scope of work, deliverables, timelines, and expectations. It serves as a defining document between the customer and the vendor, clarifying what needs to be done. The SOW essentially defines the scope of work and sets expectations for all involved parties.