Scheduling and controlling are integral aspects of project management. Scheduling involves creating a timeline and assigning resources to specific tasks, ensuring that the project progresses according to plan. Controlling involves monitoring and adjusting project activities to ensure they align with the project schedule and objectives. Effective scheduling and controlling contribute to the timely and efficient completion of projects.

Procurement management involves the processes of acquiring goods, services, or works from external sources to fulfill project requirements. This includes planning, sourcing, contracting, and controlling procurement activities. Efficient procurement management ensures that the necessary resources are obtained in a cost-effective and timely manner, contributing to the overall success of the project.

Resource management in project management refers to the strategic allocation and utilization of resources, including personnel, equipment, and materials. Effectively managing resources ensures that the project team is adequately equipped to perform their tasks, leading to optimized project performance and successful outcomes.

Budget management is the process of planning, estimating, and controlling the financial aspects of a project. It involves creating a budget, tracking expenditures, and ensuring that the project stays within financial constraints. Successful budget management is crucial for achieving project goals while maintaining financial sustainability.

Asset management involves the systematic planning and control of physical and non-physical assets throughout their lifecycle. In the context of project management, this includes identifying, acquiring, and managing assets essential to project success. Effective asset management contributes to project efficiency, reliability, and long-term sustainability.

Due diligence in project management refers to the thorough investigation and analysis conducted before making critical decisions or entering into agreements. This involves assessing risks, opportunities, and potential challenges associated with the project. Due diligence ensures informed decision-making and reduces uncertainties throughout the project lifecycle