What is project management?

Project management is the application of processes, methods, skills, knowledge, and experience to achieve specific project objectives according to defined criteria within agreed parameters.

What are the common phases of project management?

The five generally recognized phases are initiation, planning, execution, monitoring and controlling, and closure. These guide a project from conception to completion.

What are some popular project management methodologies?

Popular methodologies include Waterfall (sequential), Agile (iterative and flexible), Scrum (an Agile framework), and Kanban (visual workflow management). The best choice depends on project specifics.

Why is project management important for businesses?

It ensures projects are completed on time, within budget, and to scope, maximizing efficiency and reducing risks. It helps businesses achieve strategic goals and deliver value effectively.

What key skills are essential for a project manager?

Essential skills include leadership, communication, risk management, planning, problem-solving, negotiation, and stakeholder management. Adaptability and technical understanding are also crucial.