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Project management can give a structure to how a project is completed. The larger the project, the more likely that a formal project management process or set of processes would be helpful. There are multiple project management methodologies, with the two basic categories being "waterfall" (everything is planned ahead of time, then all the supplies are acquired, then the development begins, then the testing phase, etc.), or "agile", where the project is created in an iterative cycle. For example a small software program is written in a couple weeks, then it is examined to see if it does what the customer wants, then it is expanded, then checked again, and so forth, in a pattern of continuous improvement.

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Q: How project management can be applied to a project?
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Bottom-up budgeting as applied to project management has advantages. It ensures the resources are getting to the people actually doing the work of the project.


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