Successful project management involves completing a project within defined time and budget constraints while achieving the specified goals. It requires having the right skills and knowledge to efficiently manage limited resources and build good stakeholder relationships. Project benefits are the gains delivered by a project and are defined in early documents, while project management provides better control, accomplishes more work in less time and with fewer resources, increases quality, and reduces risks and failures. It also ensures projects deliver value and manage risks to align with business strategies and goals.