Today, the business environment has become more challenging and dynamic as a result of the rapid development of technology and globalization, where it has become more important than ever for Individual organizations provide maximum effort, make correct decisions and actions to stay ahead of industry competition and achieve their goals. Successful completion of objectives and goals is aided by proper planning, budgeting and utilization of the scarce resources available at its optimal level and for this reason the management of companies should understand the role that project management plays in business, how supportive it is and place it at the center of business processes. Simply a project is a temporary effort undertaken to create a unique product, service or result and is a collection of teamwork, planning, time management, budget management and leadership where every single person on the team must understand the scope of the project and their responsibilities towards the project. For a project to be considered successful, the project objectives should be achieved by exceeding or meeting client/client expectations within budget and on time and it is never easy to be profitable, being customer focused, competitive and productive at the same time time and here is the place where the management of organizations recognizes and must recognize project management as a building block and a support tool for project success. Project management is the art of understanding the requirements of a project; identify deliverables that deliver solutions under tight budgets, scarce resources, time constraints with high quality outcomes… half of the paper… management is applied correctly and timely and will ultimately achieve the desired project outcomes profits for the company, but if project management is poorly applied to the project process, this will lead to negative consequences, and a small decline in effectiveness can put a company at a distinct competitive disadvantage and could even damage the company's reputation. conclusion on the role that project management plays in today's business environment, one thing that every single project manager and every single company that uses project management as a support tool for projects should keep in mind that successful project management techniques will contribute to the achieving desired project results, but project management will not stop a project from failure to success it will only increase the success of the project to a greater limit.