Project management processes and methodologies are the systems and approaches used to ensure that projects are effectively planned, coordinated and monitored. These processes include identification of goals and objectives, project scoping, scheduling, budgeting, resource allocation, risk analysis, communication plans, quality assurance, and progress reporting. They involve taking an idea from conception to completion in a way that maximizes both efficiency and effectiveness. With the right project management processes and methodologies in place, organizations can expect to see improved productivity and cost savings through increased visibility, better decision-making and greater collaboration across departments.