/ ˈprɑːǰ.ekt ˈmæ.nəǰ.mənt / Project Management
Project management applies the skills, knowledge, experience, and processes within an organization to accomplish a project's objectives.
Every project requires a plan, with an outline covering how it will begin and how it will achieve its objectives. Project management comes into play to keep the project moving on time and budget, with minimal issues.
Usually headed by a project manager, it starts with planning a company's resources to kick off the project. These resources may include workforce, technology, and finances.
After the planning stage, the process proceeds to the initiation and execution stages to progress the project. It ends with monitoring and closing to track the project's progress and later, its accomplishments.
