What is project management? Discuss the components of project feasibility analysis with suitable examples.

Project management is the practice of planning, organizing, and executing projects to achieve specific objectives within defined constraints, such as time, budget, and resources. It involves coordinating people, tasks, and resources to ensure that the project is completed successfully. Effective project management ensures that projects are delivered on time, within scope, and according to budget. It also requires continuous monitoring and controlling of the project to handle any issues that may arise. Key phases of project management include initiation, planning, execution, monitoring and controlling, and closing.

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