The document introduces key concepts in project management. It defines a project as a temporary endeavor to create a unique product or service. It outlines characteristics of successful and failed projects. Project management aims to predict and prevent issues through applying skills and tools to meet stakeholder needs and expectations. It discusses managing the triple constraints of scope, time and cost. Key areas of project management include scope, issue, cost, quality, communication, risk and change management. Project life cycles and tools like PERT charts and Gantt charts are also introduced.