Project management is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. A project

Project

A project in business and science is typically defined as a collaborative enterprise, frequently involving research or design, that is carefully planned to achieve a particular aim. Projects can be further defined as temporary rather than permanent social systems that are constituted by teams...

 is a temporary endeavor with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables), undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value. The temporary nature of projects stands in contrast with business as usual (or operations)

Business operations

Business operations are those ongoing recurring activities involved in the running of a business for the purpose of producing value for the stakeholders...

, which are repetitive, permanent, or semi-permanent functional activities to produce products or services.