Industry talk 2 was about IT project management and the importance of project management. The speaker started the session by the definition of a project and covered the areas of project management which are time, cost, quality, scope, risk, and benefits. Then, he shared some of his experiences and explained some examples and principles of IT project management. Finally, he gave us an idea about the process of managing the projects. By doing this repot we have learned so much about project management and we can apply this knowledge in real-life problems.