Project Management Optimization is an official business term that is used to describe the process of improving the effectiveness and efficiency of an organization’s project management. It is a systematic process that focuses on the identification and elimination of any inefficiencies that may exist in a project’s management structure, processes, or procedures. It typically involves an analysis of the current project management system to identify any areas of improvement and then designing, implementing, and monitoring a series of initiatives to help ensure that the organization as a whole is better able to manage projects on time, on budget, and to the desired level of quality. The goal of project management optimization is to maximize the success of each project and to ensure that a consistent and reliable result is achieved each and every time. This is achieved by utilizing a variety of methods and tools such as process mapping and analysis, cost-benefit analysis, and project risk management.