Project management is a systematic approach to achieving organizational goals and objectives through the successful completion of specific projects. It involves creating and applying a unique set of processes, tools, and techniques which are designed to ensure that the project is completed on time, within budget, and to the highest possible standard. Project management also involves the tracking of project progress, identifying and managing variances, optimizing resources and maintaining regular communication with stakeholders. Through these practices, project managers can successfully guide their teams towards achieving project success.