Project activity by the Russian Government is primarily aimed at focusing the administrative and financial resources required for fulfilling specific tasks. The action plan for implementing project activity calls for amendment of the strategic planning legislation, the tax code, and the state programme development procedure. Creating a transparent management system, which would ensure alignment of the project approach and results-oriented budgeting methods, is another crucial task. What project management tools can be used to ensure maximum efficiency? How can the strategy, government programmes, and budgetary process be efficiently linked to project planning? Are there lessons that can be learned from the corporate sector, especially considering the rules and specifics of management within government bodies?