Project Management involves...
Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at the specified time.
Why companies need project managers?
Any company that is going through significant period of change, will more than likely hire a project manager. Specific industries of note include financial services, energy, the public sector, construction and the technology industry.
5 year forecast for PM's.
There are a number of niche areas within the project management profession that are experiencing significant growth. There is a lot of demand for Project Managers in Digital Change, Cyber Security, Accounting/HR transformation, Regulatory Projects and Data-driven projects.