Currently there a growing number of enterprises which organize their work in form of projects. In this paper we investigate project management practices implemented by a special group of business entities-micro, small and medium enterprises from two developing economies: Poland and Romania. For the purpose of the research a questionnaire was designed and distributed among Polish and Romanian companies. We used statistical methods to analyse the results. Results show the existence of significant

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... differences in the absorption of project management standards in the processes of project and risk management, the difficulties encountered in carrying out specific project management activities as well as building relationships with project stakeholders.The findings of this study form an interesting basis for further analyses of what factors stimulate and hinder SMEs from implementing project management practices.