Project management is the process of planning, organizing, and controlling resources in order to achieve specific objectives. It involves setting goals, establishing timelines, assigning tasks and responsibilities, tracking progress, and adjusting plans as needed. Project planning is an integral part of managing successful projects; it ensures that all stakeholders understand their roles and responsibilities and helps to avoid common pitfalls like running out of time or budget. With careful planning and precise management, you can create high-quality projects that meet their goals on time and under budget.