Project Cycle Management (PCM) is a systematic approach to the planning, implementation, and evaluation of projects. It’s designed to ensure that project activities are carried out in an organized, efficient, and cost-effective manner. PCM begins with the identification of a problem or opportunity, followed by project planning, implementation, and assessment of results. This process is cyclical, as every stage triggers the next one. By employing PCM, organizations can develop clear goals for their projects and optimize resources to achieve them. With these tools, businesses can maximize their potential for success and reach their objectives without wasting time or resources.