Abstract: A standard is “a collection of knowledge areas that are generally accepted as best practice in the industry”. Different standards for project management are used over the last 25 years. There have been several attempts to develop project management standards such as capability maturity model from the software engineering institute. GAPPS, global alliance for project performance standards an open source standard describing competencies for project and program managers. A guide to the project management body of knowledge from the Project Management Institute (PMI) HERMES method, a Swiss general project management method, selected for use in Luxembourg and international organizations. The ISO standards ISO 9000, a family of standards for quality management systems and the ISO 10006, for quality management systems and guidelines for quality management in projects. PRINCE2, project in controlled environments. Association for project management body of knowledge. Team Software Process (TSP) from the software engineering institute. Total cost management frame work, AACE International’s methodology for integrated portfolio, program and project management. V-model, an original systems development method. The logical framework approach which is popular in international development organizations. IAPPM, The international association of project and program management, provides guidelines for project auditing and rescuing troubled projects. It is not easy to decide which standard to use and create project templates. In order to understand the basics of project management it is necessary to define the basic concepts and to become familiar with already established practice and internationally recognized standards. In the early 90’s are usually used IPMA ICB standard and then there was another world standards PMBOK, PRINCE2 and ISO 21500.