What is Project Management?

Project management is the use of strategies, procedures, expertise, information, and skills to meet particular project goals under agreed-upon boundaries while adhering to project acceptance criteria. Final deliverables are limited by a finite budget and time frame of project management.

The idea that project management has a final deliverable and a limited timeframe, as opposed to management, which is a continuous operation, is a key element that separates it from simple 'management.' As a result, a project manager needs a diverse set of qualifications, including technical knowledge, as well as people management and business insight.