Project management is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. It is used to plan, organize, and manage resources to bring about the successful completion of specific project goals and objectives. This process involves the identification and definition of project goals, development of plans and strategies to achieve those goals, and coordination of resources and people to ensure that the project is completed on time and within budget. Project management can involve the coordination of multiple teams in order to accomplish a single task or project, as well as the tracking of progress and reporting of results. Project managing is an essential part of any business or organization, as it allows the efficient and effective completion of projects within specified parameters. In order to ensure success, project managers must be knowledgeable about the techniques and processes used for project management, and have strong organizational and communication skills.