Project management is life management? True or False If true explain... If false explain..

Thanks for invitation, and I am really sorry for my late, because I were  had a lot of work.

TRUE, Project Management needs to be deploy efficiently in any kind of project, either a company owned or a personal owned project.

Project management is a subset of life management, supposing you meant "life management" as the management from inception to demise. There are so many other factors that can the life of a project, or the life in its entirety: examples- changes (thus we need mindset change management), the environment (systems thinking will be helpful), the future (leadership and vision). I always look at any situation5 ways: the people, the technologies (enablers) to use, the processes (methods), the financials (resources), and the environment.