Project management in the business world

(Use at least one project of which you have been either a team member or a project manager as an example to describe the topics below):

Each of The following topics must be Included

- Define project management and explain its importance to the business world.
- Explain project life-cycle management and the benefits of project management to an organization.
- Explain the concepts of planning in the project life-cycle and how research and critical thinking is mandatory in planning.
- Explain project organizations and the importance of leadership and sponsorship.
- Explain project team building, including techniques of successful team building.
- Explain how to create a work breakdown structure and how a project manager breaks down the overall project into packages.
- Explain the need for project management software in large integrated programs and the benefits to the overall project management organization.