Project management involves
planning, coordinating, and overseeing specific projects to
ensure they are completed on time and within budget. For instance, when
a company wants to launch a new product, a project manager will create a
detailed plan that includes tasks like market research, product design, and
marketing strategies. They will assign roles to team members, set
deadlines, and monitor progress. If the team faces challenges, such as delays
in production, the project manager will communicate with everyone to find
solutions, maybe by adjusting timelines or reallocating
resources. Effective project management keeps the team focused and helps
achieve project goals successfully. (101 words)
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