The second edition of "Fundamentals of Project Management" incorporates a new approach to learn the basic elements of project management in the development sector. This book provides project managers with a guide to help them plan, implement, and monitor projects and to provide international development organizations, with a methodology to initiate, plan, implement, monitor and close projects in a more consistent, reliable and predictable manner. The effective use of a project management methodology ensures a cost effective use of limited resources such as people and funds. A project management methodology can help development organizations meet their strategic goals by standardizing processes, reducing risks, and avoiding duplication of efforts with the purpose of increasing the impact of their interventions.