Project Management Collaboration is an official business definition that refers to the collective effort of two or more people to achieve a common goal. It involves the coordination of resources, activities, and information to reach a successful outcome. Collaboration is a key component of project management and is often used to ensure that projects are completed on time, within budget and to the desired quality standards. Collaboration requires a team that is focused, organized and committed to achieving the project objectives. It also requires strong communication and coordination between team members to ensure that all project tasks are completed and that any issues are addressed in a timely manner. In addition, collaboration often involves the use of project tools and systems to help manage project tasks and timelines. Finally, project management collaboration may also involve external parties, such as stakeholders, partners and suppliers, to help ensure that all aspects of the project are achieved to the highest possible standard.