More specifically, what is a project? It's a temporary endeavor undertaken to create a unique product, service or result.
A project is temporary in that it has a defined beginning and end in time, and therefore defined scope and resources.
And a project is unique in that it is not a routine operation, but a specific set of operations designed to accomplish a singular goal. So a project team often includes people who don't usually work together – sometimes from different organizations and across multiple geographies.
Project management, then, is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
Project management processes fall into five groups: