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Today's topic is the Statement of Work (SOW), a document that outlines the terms and objectives of a project or service contract, including deliverables, timelines, and expectations. This is crucial in project management and is part of the PMBOK or PMI body of knowledge. The SOW defines what needs to be done between the customer and the vendor, specifying the scope of work required to meet the objectives. It acts as a guide for both parties on what is expected and what needs to be delivered.