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The statement of work (SOW) is a document that outlines the terms and objectives of a project or service contract, including deliverables, timelines, and expectations. It is an essential part of project management, defined by the Project Management Body of Knowledge (PMBOK) or the Project Management Institute (PMI). The SOW clarifies the scope of work between the customer and the vendor, defining what needs to be done and how it will be achieved. It serves as a guide for both parties involved in the project.