Project management involves applying knowledge and skills to meet project requirements. It includes initiating, planning, executing, controlling, and closing a project. Key aspects include managing scope, time, cost, quality, communication, procurement, risk, and integration. A characteristic of projects is uncertainty. Project management requires multi-skilled activities and can involve difficulties. Core aspects include identifying interdependencies, monitoring the critical path, and prioritizing and reviewing work. Success requires perseverance, working as a cohesive team toward a shared goal, and delivering more than promised.