Project Lifecycle Management

Project Lifecycle Management (PLM) is the process of overseeing a project from its beginning to its completion. It involves planning, organizing, executing, monitoring, and closing phases to ensure the project meets its goals efficiently. Think of it as managing all the steps required to turn an idea into a finished product or service, ensuring resources are used effectively, deadlines are met, and stakeholders stay informed. PLM helps teams work systematically, identify potential issues early, and deliver quality results on time and within budget.