Project management involves using skills, tools, and techniques to deliver value and achieve goals. It has eight key elements: goal, timeline, budget, scope, team skills, motivation, chemistry, and leadership. The project management process includes planning, execution, and controlling projects over time and within budget using resources like funds, time, and people to achieve the desired goal. Construction project management involves five major stakeholders - the client, user, designers, executors, and public authorities - who must work together for successful project completion.