Project management is the official business definition for the implementation of certain objectives and goals that are designed to meet the needs of a specific organization and its stakeholders. The project life cycle is the core of project management and consists of four distinct and sequential phases. The initiation phase involves the identification and definition of the project objectives, scope, and goals. During the planning phase, the project team will create a detailed work plan, including timelines, resources, and risk management strategies. During the execution phase, the project team will implement the plan and monitor progress against the objectives and goals. The final phase is closure, which includes a review of the project’s success and an assessment of the team’s performance. Project management provides a framework that ensures that all stakeholders involved in the project are working together towards a common goal. It also helps to ensure that the project is completed on time and within budget