Purpose- The role of management in an organization is linked with the activities of managing resources, organizing activities, ensures stakeholders involvement so that projects in an organization are managed successfully. The main objective behind the current research is to understand the application of approaches to project management in improving the overall performance and sustainability of business activities. Methodology: In the current research, qualitative methodology is applied. This includes effective use of secondary sources. Resources mainly include books, journals, articles, etc. considered for conducting the research. Keywords are being considered to carry out the research to achieve the designed objectives. Application of project management tools would be effective to enhance the decision making of the business. Findings: The research has analysed the importance of different tools and techniques of project management that would improve the business efficiency. It has been depicted from the findings that the manager must have some personality traits and characteristics in managing business activities. Therefore, it can be assessed that proper application of project management approaches can lead to improve the performance and lead to achieve reliable outcomes of the project. Conclusion: The research has focused on understanding the importance of project management for improving organisational performance. The application of PM practices supports in improving the growth and efficiency of organizations. Research concludes that project management approaches are effective in achieving expected outcomes of the project.
