Project Management Concepts and Applications Paper (Individual Assignment): Conduct research on Project Management using the current textbook, PMBOK, PMI website. Write an essay of no more than 1,050-word that includes the following elements ):

Describe the importance of PM in various organizational cultures and in various strategies.
Describe the typical phases and processes used in projects and explain the relationship between subject areas, process groups, and processes.
Describe and evaluate important factors to project selection and prioritization, in terms of organizational capability and resource capacity and availability.
Evaluate and assess the importance of ethics and professionalism throughout a projects life cycle; include factors that influence moral conduct.
You are required to cite any paraphrases, quotations, or support for your opinions/assertions; providing appropriate references on the references page.
Format your paper according to APA guidelines.