Project management is a multi-tiered process of planning, organizing, controlling risks, and managing tasks and resources in order to achieve a clear objective, within predefined time, resource and cost constraints.

Signs of poor project management include:

	Project delays		Project chaos and unexpected problems
	Overrun budgets		Demoralized teams
	Dissatisfied customers		Unclear progress and status reporting
	Conflict

The smooth running of any project is reliant on strong project management. Anything less erodes overall profitability in the long run.