As a modern approach and foundation for effective development, project management discipline is taking root on its attachment to interactive development. A great deal of today’s business activities use some aspects of project management. It has to be accredited that project management has become prescribe for solving insistent problems in the modern competitive world. Definite project management is the guiding principle in the process and governance which ensures projects are managed competently and conducted as perceptively as expected; effectively, efficiently and timely. Proper project management is the cornerstone to successful brands. In the new management paradigm, project management philosophy is prescribed for national development. Everything that we do, can be classified as a project and its success is based on good intelligence and practice of project management fundamentals. The booklet Project Planning and Management Foundations describes the foundations behind project management. Some of the issues discussed include; •Project Management Definitions•Why Project Management•Why Projects Fail in Developing Countries•Project Management Fields•The Project Life Cycle•Project Cycle Management•Project Management in the Developing Countries•Challenges to Effective Project Management in Developing Countries•Project Management Issues in Developing Countries•Project Management Problems in Developing Countries•Linking Project Result Chain to Development