5 Project Management Phases Explained – Forbes Advisor

Project management refers to the knowledge, skills, and techniques you use to execute and complete projects. Whether it is a one-time project or an ongoing project, it is usually led by a project manager. Although responsibilities vary by company and industry, most project managers help define the project’s objectives and determine its components as well as the resources needed to implement it.

There are different types of project management that have been created to meet the particular needs of certain industries or projects. Waterfall project management, for example, dictates that each task must be completed before the next. Agile project management involves continuously monitoring and improving deliverables. There is also lean project management, which is about avoiding wastage of time and resources.

For a full breakdown, check out our article that details everything you need to know about project management.