Project Management is a systematic and organized approach to completing projects on time, within budget and with the desired quality. It includes four main phases: initiation, planning, execution and closure. At the initiation phase, project goals, scope and deliverables are identified. In the planning phase, team members are introduced, resources allocated and a project timeline established. The execution phase involves carrying out the project activities according to the plan and monitoring progress towards completion. Finally, at the closure phase, the project outcomes are evaluated for success and all project stakeholders are notified of completion. Project Management is an essential tool for any successful business, enabling you to engage your team and keep projects on track.