This assignment delves into the fundamental principles and practical application of project management. It examines different project management methodologies like the Waterfall model and Agile, emphasizing their strengths and weaknesses. Students will analyze various project management tools, including Work Breakdown Structures (WBS) and Software Cost Reduction (SCR) tools, exploring how they contribute to successful project execution. The assignment encourages critical thinking about the selection and implementation of appropriate frameworks and tools based on specific project requirements and contexts.