Project management is the discipline of planning, organizing, and overseeing the execution of a project from its initiation through to completion. It involves a series of processes and activities designed to achieve specific goals and meet predetermined success criteria within the given constraints of time, budget, and resources. Here are key components and principles of project management:
Effective project management is crucial for the successful delivery of projects, whether they are in the fields of construction, information technology, product development, or any other industry. It provides a structured framework for achieving project goals while optimizing the use of resources and minimizing risks.