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The statement of work (SOW) is a document that outlines the terms and objectives of a project or service contract. It includes the scope of work, deliverables, timelines, and other expectations between the customer and the vendor. The SOW defines what needs to be done and clarifies the objectives of the project or service contract. It is an essential document in project management and is part of the Project Management Body of Knowledge (PMBOK) or Project Management Institute (PMI).