Project Management is the discipline of planning, executing, and overseeing projects to achieve specific goals within a defined timeline and budget. It involves coordinating resources, managing risks, and ensuring that all stakeholders are aligned with the project's objectives. Effective Project Management utilizes various methodologies, such as Agile and Waterfall, to adapt to the unique needs of each project. By employing tools and techniques, project managers can enhance productivity, improve communication, and deliver successful outcomes that meet or exceed expectations.