Project management, then, is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. Therefore, if you have PM on a project, it is good. It has always been practiced informally, but began to emerge as a distinct profession in the mid-20th century.

It has taken on a meaning that is not only misleading, but also untrue. It can involve a one-time project or an … Project management involves planning and organization of a company's resources to move a specific task, event, or duty towards completion. To most people it implies only good things. If you do not, it is bad. Unfortunately, in recent years the term project management (PM) has become popularized without definition.

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