The development of Project, business process, construction of a building or bridge, the relief effort after a natural disaster, the expansion of sales into a new geographic market — all are projects
Project Management
Project management processes fall into five groups:
Initiating, Planning, Executing, Monitoring and Controlling, Closing
Project management knowledge draws on ten areas: Integration, Scope, Time, Cost, Quality, Procurement, Human resources, Communications, Risk management and Stakeholder management.
All management is concerned with these, of course. But project management brings a unique focus shaped by the goals, resources and schedule of each project. The value of that focus is proved by the rapid, worldwide growth of project management.