**Abstract**

This chapter covers fundamentals of project management. It introduces project management concepts and provides a system view of project management plan and processes with which they are implemented. The knowledge areas include scope, time, cost, quality, and risk. The chapter will also emphasize on the interrelated nature of these knowledge areas. In addition to introducing these knowledge areas, the chapter will attempt to develop an understanding of these concepts and the important role of project teams in managing projects successfully. This chapter will also discuss similarities and differences between the plan-driven and change-driven (Agile) project methods.

**Keywords:** project management, risk management, schedule network, project plan, project teams, agile projects
