Project execution steps are the official business definition for the process of completing a project. It encompasses the activities required to manage and complete a project from its initiation to its closure. It consists of numerous actions, such as identifying objectives, assembling resources, establishing a timeline and budget, developing a work plan, implementing the plan, monitoring progress, and making any necessary adjustments. Each of these steps are necessary in order for a project to be successful. Identifying objectives is the first step as it provides a clear focus for the project and allows the team to identify the necessary resources. After resources are assembled, a timeline and budget are established in order to stay on track and within budget. A work plan is next created, which is essentially a road map the team will follow in order to meet the objectives.