One-sentence summary: A process of planning, executing, and controlling a project Real life example: I am currently managing a project to launch a new product. I am responsible for creating the project plan, ensuring the project stays on track, and communicating updates to the team. Advices: - Define the scope of the project and create a detailed plan - Assign roles and responsibilities to team members - Set milestones and deadlines - Track progress and make adjustments as needed - Communicate regularly with the team and stakeholders Related concepts: 1. Planning 2. Execution 3. Tracking 4. Communication 5. Change management