Project management is the application of various skills, techniques, and tools to complete a specific project. It involves the management of the overall project, various stakeholders, and budget. The project manager is responsible for outlining the objectives of the project and the various milestones that need to be achieved to meet the overall objective.
Project management always involves developing and executing a project plan. This is why project management is so important, as without a project plan in place you’re leaving many aspects of the project to chance. Project Management ensures that the project plan is in place and that the right managerial and interpersonal skills are applied to navigate the project through to completion.