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The text discusses the topic of the statement of work (SOW) in project management, specifically within the PMBOK or PMI framework. It defines the SOW as a document outlining the project's terms, objectives, scope, deliverables, timelines, and expectations. The SOW serves as a communication tool between the customer and vendor, clarifying what needs to be done. Essentially, it is a document that defines the scope of work to be completed in a project or service contract.