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The text discusses the concept of a statement of work (SOW) in project management, particularly in the context of the PMBOK or PMI. It explains that an SOW is a document outlining the terms and objectives of a project or service contract, including scope, deliverables, timelines, and expectations. It serves to define the work to be done between a customer and a vendor, clarifying what the customer wants and what needs to be done. An SOW essentially acts as a guide for the project's scope and requirements.
