Project Management Theory

Project Management Theory encompasses the principles and practices that guide the planning, execution, and completion of projects. It involves setting clear goals, organizing resources, managing timelines, and ensuring effective communication among team members. Key concepts include scope management (defining project boundaries), risk management (identifying potential issues), and stakeholder engagement (involving all interested parties). By applying these strategies, project managers aim to deliver results efficiently while meeting quality standards, on time, and within budget. This discipline is essential across various fields, from construction to software development, ensuring that projects are completed successfully.