Project Management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements***.
Usually, the project team manages the work in the project which typically involves:
Competing for demands of scope, time, cost, risk and quality Stakeholders with differing needs and expectations Identified requirements.The Project Manager plays a critical role in managing the project. Depending on the organization structure, the authority and responsibility of the Project Manager may vary.Over time, the Project Management role has evolved into a Well-defined discipline that encompasses all the different activities and skill-sets required for successful implementation of a project.
*** As defined by PMI®