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Today's topic is about the Statement of Work (SOW) in project management, particularly in relation to PMBOK or PMI. The SOW is a document that outlines the terms, objectives, scope of work, deliverables, timelines, and expectations of a project or service contract. It defines the tasks to be done between the customer and the vendor and helps clarify what the customer wants and what needs to be delivered. It serves as a document that guides the project and outlines the work to be done.