The Master's thesis titled "The Importance of Using Artificial Intelligence in the Context of Project Management" offers insights into the understanding and perception of artificial intelligence (AI) among students of economics faculties and project managers. While students possess a solid foundational understanding of AI, their knowledge regarding its practical application, particularly in the context of algorithms, remains limited. In contrast, project managers demonstrated a higher degree of awareness and utilization of AI in both their professional and personal environments. The majority of those surveyed believe that AI will have a positive impact on crucial aspects of project management, including planning, decision-making, and resource management. Further correlation analyses indicate a relationship between the technological knowledge of respondents (project managers) and their understanding of AI, as well as between technological knowledge and facets of project management. The correlation analysis also revealed a connection between the academic success of the respondents (students) and their comprehension of AI and aspects of project management. This work underscores the importance of integrating artificial intelligence into the realm of project management and emphasizes the need to strengthen the education and training of both current and future professionals in this sector.