In the current context of demands, there is a large need of project management all over the world. It is important to study the current developments in processes and methods useful in effective project management. It is tough to monitor any project be it big or small. The main components that are required for effective project management are time, cost, materials and human resources. The optimum utilization of these components and cross operations among these resources as per the need makes the project effective. Various techniques and applications help to complete the project successfully. The book is divided into two sections namely techniques and applications. The first describes the techniques used to complete the project successfully and efficiently. The second includes various applications which show how different projects are completed using effective techniques.