Project management is a process of planning, organizing, and controlling resources to achieve specific goals. The V-Model is a project management model that helps organize and control projects. The V-Model consists of three phases: the initiation phase, the planning phase, and the execution phase. The initiation phase begins with creating a vision for the project in order to set clear goals. Then comes planning where all aspects of the project are analyzed in detail so that there are no surprises during execution. Finally comes execution where all elements are put into action to ensure success. Project managers use this model to organize their work by breaking down projects into manageable tasks and creating milestones along the way to ensure that everything is progressing smoothly within each stage of the project.