Project management is the process of overseeing a team to complete project objectives on time and within budget. It involves planning, execution, monitoring, and closure. There are several methodologies like Waterfall, Agile, and Lean. Tools like Gantt charts, task lists, and project management software help manage the process. JIRA is a widely used project management tool that supports issue tracking, agile workflows, reporting, and integration with other tools to help teams plan and collaborate effectively.