2 What is Project Management?

In this episode, we dive into the fundamentals of project management—what it is, why it’s essential across industries, and how it transforms ideas into reality through structured planning, organization, and execution. We’ll break down key elements, methodologies, and essential skills that make project management a powerful tool for achieving goals and managing change. This episode also clarifies a common myth: initiation, planning, execution, control, and closure are not distinct project phases but continuous management activities applied at every stage and work package of a project. We’ll explore different approaches, including predictive, agile, iterative, and incremental, and discuss how each adapts to project needs. Tune in for a clear, practical guide to project management.