The Execution Stage is a critical phase in project management where plans are put into action. During this stage, teams work on tasks outlined in the project plan, ensuring that resources are allocated effectively. This phase involves coordinating team efforts, managing timelines, and monitoring progress to achieve project goals. Effective communication is essential during the Execution Stage to keep all stakeholders informed. Regular updates and meetings help address any issues that arise, ensuring that the project stays on track. Tools like Gantt charts and project management software can assist in tracking progress and facilitating collaboration among team members.