Establishing of LEDIB Cluster House Project is a business development project consisting of the small-scale construction works, interior design and staff recruitment. The project management was enabled through application of the basic concept implemented in 6 stages: Project Objective and Description; Identification of the Project Manager and Team; Project Implementation Timeline Planning; Identification of the Required Resources and Finances; Implementation Monitoring and Necessary Interventions and Project Closeout. The basic objective of the Project is the closeout (completion) in the shortest period of time and with the lowest expenses. Planning, monitoring and control of the project implementation rely on the software support of the Microsoft Project – the standard program for project management.

The goal of each project is to be completed in the shortest possible time with minimal costs. Many studies have found that on average only 40% of started projects finished on time and budgets usually exceed an average of two times the predicted values. Such phenomena have led to greater use of Microsoft Project, who represents one of the most popular software packages used to support project management. This software package is used for planning, monitoring and control of realization of different types of projects, and is one of the easiest and most used software packages for project management. This paper describes the practical use of this software package in the process of dynamic plans, planning different kinds of resources, planning and cost analysis, monitoring and control of the project and, creating different types of reports.