Project Management Project management is the application of processes, methods, knowledge, skills and experience to achieve the objectives of a project. Project management is a way of organizing and managing resources, people, and processes to achieve a specific goal. Projects can be small or large and can range from a single task to an entire organization. The most important aspect of project management is planning and controlling the execution of the project. Project managers must have an in-depth understanding of the project objectives, timeline, budget, and resources to ensure that the project is completed on time and within budget. They must also be able to communicate effectively with stakeholders and other project team members to ensure that the project is successful. Project management involves planning, organizing, controlling, and leading the execution of the project. Project managers must be able to identify risks and opportunities, develop an effective project plan, and manage the project team. They must also be able to monitor and adjust the project as needed to ensure that it is successful. Project managers must ensure that the project meets the organizational goals and objectives. Project management is a highly specialized field that requires specialized knowledge and skills. As a result, project managers must have a strong understanding of the project scope, timeline, budget, and resources
"The idea had been bandied about for decades, but in January 1880 a bold French team finally embarked on one of the most ambitious projects of all time: building a shipping canal through the Panamanian jungle to connect the Atlantic and Pacific oceans."
If you are confused about the differences between project and program management, don't worry, you are not alone. Many people use these terms interchangeably. Although project and program management are interrelated, each plays a unique role in handling projects and has different objectives.