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The video tutorial discusses the topic of the Statement of Work (SOW) in project management, referring to the PMBOK or PMI. The SOW is a document outlining the terms and objectives of a project or service contract, including scope of work, deliverables, timelines, and expectations. It acts as a guide defining the work to be done between the customer and the vendor, specifying the customer's requirements and what needs to be accomplished. The SOW is essentially a detailed document outlining project parameters and goals.