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The study guide is one of the first publications prepared in the discipline "Project and Risk Management in Tourism" for applicants of the second level of higher education - masters. The publication contains answers to many questions that may arise for specialists who plan to acquire knowledge and systematic thinking on managing resources, quality and time limits of projects and mastering praxeological skills of interaction between participants of a tourism project in order to ensure successful project implementation, adherence to the scheme of its promotion and implementation, application of rules for the formation of calendar plans and budgets, documentation of project processes and implementation of best world practices in tourism management. The logic of the material is in line with the standards adopted by a number of universities in Western Europe. The textbook can be useful not only for students and teachers, but also for anyone who researches or is practically involved in the preparation of tourism projects.