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Today, we will be discussing the Statement of Work (SOW) in project management, which is a document outlining project objectives, scope, deliverables, timelines, and expectations. It serves as a guide for both the customer and the vendor, clarifying what needs to be done and achieved in a project. The SOW is essential for defining the scope of work required to meet the project's objectives and is a key component of the PMBOK or PMI body of knowledge.