Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.

The primary challenge of project management is to achieve all of the project goals and constraints. The secondary challenge is to optimize the allocation of necessary inputs and integrate them to meet pre-defined objectives.

Consequently, the investor saves from the profit and overhead of the Contractor, manages his investment only with the fee of an Engineering Organisation. Project Manager monitors contractual rights and perfroms claim management. This is an additional asset to control project budget to increase profitability.