Project management is a process that consists of a series of steps which are used to define, plan, implement, and track the progress of a project. It is a framework for managing resources, time and money to achieve predetermined objectives. This process is essential in order to ensure that a project is delivered on time and within budget. The official business definition of project management is the application of knowledge, skills, tools and techniques to project activities in order to meet the project requirements.

The main steps of project management include defining the project, planning the project, executing the project, monitoring the progress of the project and closing the project. Defining the project includes determining the project’s objectives, identifying key stakeholders, defining the scope of the project, and identifying any risks or constraints associated with the project. Planning the project involves organizing resources, creating a timeline for completing the project, and setting the performance.