The five essential elements of project management are scope, schedule, budget, quality, and risk.
Scope: The scope of a project is the sum of all the work that needs to be done in order to complete the project. It includes everything from identifying the project's objectives to defining the work that needs to be done and identifying who will do it.
Schedule: The schedule is the timeline for completing the project. It includes identifying when each task needs to be completed and creating a schedule that allows for adequate time to complete each task.
Budget: The budget is the total amount of money that is available to complete the project. It includes all of the costs associated with completing the project, such as materials, labor, and overhead.
Quality: Quality is a measure of how well the project meets its objectives. It includes ensuring that the project is completed to the specifications set forth in the scope and that it meets the requirements of the customer or client.
Risk: Risk is the potential for something to go wrong during the project. It includes identifying the risks that could impact the project and developing contingency plans to mitigate those risks.