1. What is Project Management
In layman’s terms – somebody wants to move from Point A to Point B (read “move” as being able to do something, hence the birth of a “Project”, also read “somebody” as a Stakeholder).
The whole act of thinking through (planning) and ensuring (execution and monitoring) that the journey from Point A to Point B is executed such that:
(i) “somebody” does reach to Point B,
(ii) around the same time he/she intended to,
(iii) and without losing too much (read money, time, zeal/interest/satisfaction)
(iv) and is still alive and cognizant of the above 3 points including this one,
can be termed Project Management.