Project management is one of the major subjects studied by the students pursuing management courses. Although, the basis of this subject is very simple and straightforward, in entirety it contains a lot of things that need to be studied and understood in-depth. It is important to understand that this subject basically encompasses a methodology. A framework defines this subject which further allows time efficiency, achievement of project goal in set deadlines, the definition of the process and more. Basically, the subject is understood and explained in terms of a large business. When the company embarks on a Project.