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Project management involves planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives. It includes identifying stakeholders, utilizing knowledge areas like scope, time, cost management, and employing tools and techniques such as Gantt charts and risk assessment to optimize project success factors such as on-time and on-budget delivery. Effective project management also requires assembling project teams, establishing timelines, managing budgets, and mitigating risks to achieve intended project outcomes.
