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The video tutorial is about the Statement of Work (SoW) in project management, specifically focusing on the Project Management Body of Knowledge (PMBOK) or PMI. SoW is a document that outlines the terms, objectives, scope of work, deliverables, timelines, and expectations of a project or service contract. It serves as a guide for both the customer and the vendor to clarify what needs to be done and what is expected. It is essentially a document that defines the scope of work between parties involved in a project.