The selection of priority areas of research and development plays an important role in the science and technology policies of the state. Priority areas for research and development are implemented in the form of large intersectorial projects aimed at creation, absorption and dissemination of technologies that contribute to drastic changes in the technological basis of the economy and to the development of basic research, scientific and technical provision of social programs, and international cooperation programs. The history of research project management can be traced back to the appearance of Homo sapiens, capable to deliberately and purposefully influence the surrounding world, and to transform it. Earlier, the concept of "project" was associated more with the technical side of human life, often with a construction area (the project of the building, plant, railway station, etc.). In our days, project is a methodology of organizing an activity, which helps to achieve tremendous results and to implement the most daring ideas. The project is a key concept of modern management science. Today, virtually any area of human activity - culture, science, education, social sphere, medicine and business - are marked by the presence of projects. That is why research project management is the most important tool of modern management that determines the relevance of the topic of the present work. © Serials Publications Pvt. Ltd.