IntroductionProject management is an established approach in which we manage and control new ideas. Then we will give shape to these ideas within the specific time and budget. Project management is not a small task or job. It's a whole process of handling things the right way. Project management uses many tools to measure and verify the completed task. Based on these tools, the project management decides whether it is possible to continue or replace the resources or tools accordingly. Definition of project management, mention below what project management is:• It is not a small task of work• It is a whole process within time and budget.• It has a beginning and a defined end.• Project management reduces our project risk.• Project management increases the chances of success. Project management is normally described in the triangle shown in Figure 1. There are three (3) factors mostly which are time, cost and scope of work. Figure 1: Project Management Triangle if our project is ongoing or requiring project management, then we need to keep in mind that the current or upcoming project needs to be completed within a specific time frame. The project must be completed within the allocated budget. The project must be in scope. The project must conform to the client's quality standards or as requested by the client. Phases of Project Life Cycle There are four types of phases in the project life cycle, all of which are mentioned below: 1. Initiation phase2. Planning phase3. Execution phase4. Closing PhaseInitiation Phase: This describes the initial phase of your current project. In this phase, you define the project scope and the project objective. You will definitely be in the middle of paper......the advertising office will be in Muscat. The enterprise level will be one. For Factory, it will be in the industrial sector, like in Rusayl or elsewhere. The company's activities will focus on computer hardware and software. Two branches will be opened.II. Project Work Breakdown StructureConclusionReferences1. Extract from the Book of the Quran, Surah Al-Imran verses 130-2).2. Extract from the book of Muslim hadiths3. Excerpt from the book of the Quran, Surah Al-Mulk, verses 2.4. Website article “Different Between Islamic and Conventional Banks” by Ust Zahurudin, 20075. Book, M.Kabir Hassn and Mervyn K.lewis, 2007, “Handbook of Islamic Banking”6. Book, Mahmoud A.El-Gamal. , 2006, “Islamic finance and law”7. Website Article, July 2013, “Conventional Financing Vs Islamic Finance” http://www.internationalfinancemagazine.com/article/Conventional-Financing-Vs-Islamic-Finance.html